Kumari Bank
Kumari Bank's stock closed slightly down by 0.04% at Rs 238.4 today compared to yesterday's Rs 238.0, despite a high trading volume of over 700,000 shares. There was no specific news driving the price, so the small decline likely reflects normal market fluctuations or broader sector movements.
Sector: Commercial Banking
Summary
Kumari Bank (KBL) operates in the commercial banking sector, recently reporting a significant 1361.76 percent surge in net profit, reaching 4.17 billion rupees. The bank continues to enhance customer services, introducing global airport lounge access for cardholders and various loan packages. Recently, the bank announced a cash dividend proposal for FY 2082/83 and updated interest rates effective from Ashwin 01, 2083. Additionally, Kumari Bank has urged customers to update their National Identity Card (NID) details to ensure smooth banking operations. The bank has also opened the sale of 100,000 promoter shares to the general public, signaling increased public participation.
Recent moves
Down 0.04% to Rs 238.4 — no specific news, moved with broader market
Down 1.70% to Rs 238.0 — no specific news, moved amid high trading volume
Up 1.77% to Rs 241.5 — positive response to ongoing founder share sale
Up 0.42% to Rs 237.3 — positive sentiment on founder shares sale announcement
Up 2.16% to Rs 236.1 — no specific news, moved with broader market momentum
Up 1.40% to Rs 231.0 — positive sentiment on new margin trading facility launch
Up 0.75% to Rs 227.8 — positive response to promoter share sale opening
Up 0.09% to Rs 226.1 — no specific news, slight gain amid steady trading
Up 1.39% to Rs 225.9 — positive response to founder share sale and Visa reward campaign announcements
Down 1.51% to Rs 222.1 — no specific news, profit-taking after recent auction activity
Up 0.22% to Rs 225.5 — Kumari Bank invites sealed bids for mortgaged property auction
Down 0.04% to Rs 223.9 — no specific news, slight profit-taking amid ongoing auction activity
Down 0.40% to Rs 224.0 — no specific news, slight profit-taking after recent gains
Up 4.13% to Rs 227.0 — no specific news, moved with broader market gains
Up 4.13% to Rs 227.0 — no specific news, moved with broader market gains
Up 4.13% to Rs 227.0 — Kumari Bank announces 26th AGM and book closure date
Up 4.13% to Rs 227.0 — Kumari Bank announces 26th AGM and book closure date
Up 4.13% to Rs 227.0 — no specific news, moved with broader market gains
Up 4.13% to Rs 227.0 — led trading volume amid broad NEPSE gains
Up 0.88% to Rs 216.9 — Kumari Bank urges customers to update NID details
Context
Kumari Bank is an established commercial bank in Nepal with recent strong profitability figures reported earlier in the year. The bank has been expanding customer benefits (cards, lounge access) and offering targeted loan products such as education loans, while also taking steps to manage non-performing loans via auctions and blacklisting policies. Kumari Bank joined the Partnership for Carbon Accounting Financials (PCAF) to assess and report emissions from its lending book, reflecting a growing focus on sustainability reporting. Recently, the bank announced a cash dividend proposal for FY 2082/83 and updated interest rates effective from Ashwin 01, 2083, indicating ongoing efforts to reward shareholders and adjust to market conditions. There are no company-specific governance or leadership changes reported in the past week. The latest development includes the bank urging customers to update their National Identity Card (NID) details to comply with regulatory requirements and ensure uninterrupted banking services.
Additionally, Kumari Bank recently launched home loans covering up to 80 percent of costs and expanded safe deposit locker services to over 60 branches, enhancing its product offerings and customer convenience.
Recent news includes the introduction of a Lounge Key facility across global airports, a 7-day auction notice for mortgaged properties, and promotional discounts and free stays at Ramada Encore Kathmandu for cardholders and app users, reflecting ongoing customer engagement and asset recovery efforts. The bank has now opened the sale of 100,000 promoter shares to the general public, which is likely attracting investor interest and contributing to recent positive price movement.
On 2026-10-09, Kumari Bank Employees donated over NPR 4.5 million to the Prime Minister Disaster Relief Fund, demonstrating the bank's social responsibility. Also, KBL Securities launched a margin trading facility up to NPR 50 million at 7.5% interest, which may boost investor activity related to the bank.
Today, Kumari Bank also put 5,254 founder shares up for sale, adding to recent promoter share sale activity.
- last market date
- 2026-10-16
- last price
- 238.4
- last price change pct
- -0.04
- sector
- Commercial Banking
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