Century Commercial Bank Limited
Century Commercial Bank Limited[3] was a commercial bank in Nepal. The bank was an ‘A’ class commercial bank licensed by Nepal Rastra Bank[4] and has branches all across the nation with its head office in Kathmandu which provides entire commercial banking services. But now it's merged with Prabhu bank Limited in January 2023.
 | |
| Type | Public |
|---|---|
| NEPSE: CCBL | |
| Industry | Banking |
| Founded | 23 January 2011 [1] |
| Headquarters | Putalisadak, Kathmandu |
Number of locations | 160 Branches |
Area served | Nepal |
Key people | Mr. Rajesh Kumar Shrestha (chairman) Mr. Manoj Neupane (CEO) |
| Products | Loans, Credit cards, Savings, Investment, consumer banking, corporate banking, finance and insurance, investment banking, |
Number of employees | 995 [2] |
| Website | www.centurybank.com.np |
The bank's shares are publicly traded as an 'A' category company in the Nepal Stock Exchange.[5]
Before merging with Prabhu Bank Limited, the Bank has a network of 132 branches, 10 extension counters, 22 branchless banking and 92 ATMs across the country and offers a wide range of banking products in deposits, lending and other value added services such as internet/ mobile banking, remittance and branchless banking etc. The Bank’s team consists of more than 950 staffs and caters to more than 500,000 customers. The total cash Deposit of century bank for different years is as follows: Years Total Deposit 2074/75 42593653750 2075/76 61321550155 2076/77 65488597980 2077/78 70368728537 2078/79 96996839385
Correspondent Network
Century bank is merged with Prabhu bank Limited in January 2023 and perform all the transactions with the name of Prabhu Bank Limited. The bank has been maintaining harmonious correspondent relationships with various international banks from various countries to facilitate trade, remittance and other cross border services. Through these correspondents the bank is able to provide services in any major currencies in the world.
References
- "Corporate profile of Century Commercial Bank". 14 June 2018.
- Annual report of Century Commercial Bank (PDF) (Report). 30 November 2022.
- "Home". centurybank.com.np.
- "Home". nrb.org.np.
- "Home". nepalstock.com.
<ref>{www.centurybank.com.np}