Universal group is explicitly bounded to bring high class and reliable services for the citizen and this commitment lead the group to promote its investment policy in different areas. Under the policy group has currently invested in Nepal 's banking and financial sector as well as in hydropower projects.
Universal Group is fast emerging business entrepreneur; its significant involvement in commercial banking, merchant banking, insurance and infrastructure development has been presenting positive scenario of its services.
The Group is one of major promoter of Kumari Bank Ltd, Nepal Merchant Banking (NMB) and Shikhar Insurance Co.
Kumari Bank Ltd.
has been providing wide - range of modern banking services through 16 points of representations located in various urban and semi urban part of the country, 11 outside and 5 inside the valley. Kumari Bank Limited, came into existence as the fifteenth commercial bank of Nepal by starting its banking operations from Chaitra 21, 2057 B.S (April 03, 2001). The bank is pioneer in providing some of the latest / lucrative banking services like E-Banking and SMS banking services in Nepal. The group is the main promoter of the company. More: www.kumaribank.com
Nepal Merchant Banking (NMB)
commenced business operations in December 1996 in which Universal Group has a significant stake; is the first commercial bank of Nepal that has been able to upgrade from a Finance Company to full- fledged Commercial Bank. Nepal
Merchant Banking and Finance Ltd., the erstwhile name of the institution, was amongst the leading financial institutions in its category till May 2008 when the transformation process for the upgradation was complete and changed its name to NMB Bank Limited. More: www.nmb.com.np
Shikhar Insurance Co.
is an established General Insurance promoted by a young team of reputed Industrial and Business Houses involved in various fields like Aviation, Banking, Manufacturing, Trading, Travel Trade, Media Houses etc. Universal Group is one of major promoter of this company. More: www.shikharinsurance.com