The initial concept of establishing a truly inclusive MEGA bank was envisioned by a group of individuals from a diverse range of backgrounds two years to the formal inauguration of the Bank. These individuals who initially conceptualized the establishment of this institution were propelled by their vision to establish a national level financial institution that would provide the highest levels of professional banking service with a personal touch, throughout the nation, to all Nepalese.
It is the realization of this aspiration that lead to the incorporation of Mega Bank Nepal Limited as Nepal’s largest A class commercial bank with a authorized capital of Rs.4.00 billion and an issued capital of Rs.2.33 billion.
Recognizing that banking activity has been limited to the urban and semi-urban areas of Nepal, Mega bank has been set up not only to better provide the products and services that are currently an offer in the financial sector. The promoters shared a vision to make Mega Bank a catalyst for the promotion of financial inclusion in Nepal.
The Bank is inclusive right from its roots, having been promoted by 1219 promoters spread across 63 of Nepal’s 75districts. The promoters are divided into 6 clusters, with each cluster being represented by one seat on the Banks Board, Professor Dr. Madan Kumar Dahal is the Chairman of Mega Bank Nepal Limited’s Board. A senior economist of Nepal holding a Doctorate Degree in Economics, Dr. Dahal is a respected personality in the South Asian region for his insightful contributions and analytical papers on national, regional and international economic issues. The promoters are represented in the Board of Directors, comprising of accomplished personalities from the field of tourism, development, academicians, economists and businessman.