Commerz and Trust Bank Nepal (CTBN) is established under the Bank and Financial Institution Act 2063 in Kathmandu, Nepal as a national level “A” class commercial bank. CTBN started the operation from 20th September 2010. CTBN is an outcome of a comprehensive vision of the promoters to participate in national development by providing business solutions to all customers through a team of professionals. The promoters of CTBN are Bankers, Professionals, Individual and businessmen who have sowed the dream of leading Nepal towards the economic development. They have varied exposures and presence in the Nepalese economy and abroad. They represent various business activities within and outside Nepal. Each promoter of CTBN has successfully demonstrated leadership skills, business acumen and entrepreneurial talents in his/her respective fields. The promoters’ comprehensive vision and government and regulating authorities' overwhelming support gave birth to the concept for establishment of a private sector a Commercial Bank in Nepal “CTBN”.
CTBN came up with new banking outlook by providing modern banking services, efficient customer services and wide coverage of commercial banking activities within urban as well as rural areas all over the country.
Recognize the importance of participating actively in supporting the community we serve, committing our time, effort and contributions to assist in the development and improvement within the country. Transparency, corporate governance, compliance and sound business growth continue to be the driving forces behind CTBN's business operation. The board and the management are fully committed to uphold these stakes. The proposed bank had follow a professional management system where emphasis will be given to efficiency and effectiveness concept besides the basic characteristics for management like planning, organizing, coordination and controlling in order to achieve the desired goal.
As its core line of business, CTBN shail seek all possible opportunities to maximize stakeholders’ wealth by maintaining quality assets and liabilities. CTBN shall seek out all types of desirable depositors/creditor’s accounts. Progress in data processing and communications technology has accelerated these trends and heightened their impact on banking business. The traditionally close bank — customer relationship is loosening. The barriers to market entry for new competitors are lower, breaking up traditional value — added chains and focusing as specialists on the lines ofbusiness that are most lucrative .Thus CTBN account relations are those that result in a relationship rather than those which are purely transaction in nature.
CTBN will bring in latest understanding and latest risk mitigation techniques and introduce long term financial instrument (debt, equity and a mixture of both) especially for the large and medium size infrastructure projects. CTBN will play a very important role in unlocking the trapped potential and in making the whole sector vibrant. Some areas of operation and core value of CTBN are.
CTBN will enjoy a unique and strong foothold in the banking industry. CTBN's activities giobe around deposit mobilization, advancement of various credits, international banking including trade financing, inward and outward remittances and funds and portfolio management. Through wide and strong correspondent banking network CTBN shall able to connect its customers to all important financial centers in the world.