Future Plans

As the Kist Bank has set its vision to be the best bank in terms of operational excellence and superior financial performance, it has action plan in place in order to accomplish it. The Bank has given prime focus in physical infrastructure and human resources development, acquiring of state of art information technology to equip the Bank in order to make it competitive, satisfy customers and have the most secured transactions, enhance the distribution outlet so that the Bank could reach to the un-banked area and serve the needy people and contribute to the economic development of the country. A few key future plans, which the Bank has, are:

•  Have own Bank buildings at possible Branch locations. Currently, the Bank has been providing services to customers from its own  buildings located at Anamnagar, Birtamod, Damak, Biratnagar and Narayangarh. The Bank has planned to construct own multi storey building equipped with modern technology within Kathmandu valley for its main Branch and Head Office. The dream building should be spacious for more than 500 employees.
• Develop own man power to take the higher responsibilities. Due to increase in number of players, lack of  quality human  resources has been felt in the market. The Bank has therefore planned to hire qualified individuals in large quantity and train the staffs, in Kist Culture, both theoretically and practically and prepare them to take the responsibilities. For this, the Bank has established Training and Development Department at Head Office.
• Increase the branch outlets to at least 50 by the end of Fiscal Year 2066/67 (2009/10), from existing 26 across the country. Once the regulator allows Nepalese banks to open branches outside the country, the Bank plans to open the branches in overseas where large numbers of Nepalese are residing. To provide banking services to people belonging to un-banked areas, the Bank  plans to commence Banking Haat Operations after taking approval from Nepal Rastra Bank.
• Increase customer base from existing 1,00,000 to 3,00,000 by Fiscal Year 2066/67 (2009/10).
• Launch international Debit and Credit Cards like Visa, Master and others.
• Expand the remittance business making accessible to the large strata of people.
• Develop and launch innovative and customer friendly products to meet the actual needs of the people who are deprived of banking  services. For this, the Bank has established Research and Development Department to carry out research and develop market oriented products and services.
• Support the investors to start large infrastructure development projects in the country. The bank  also plans to promote micro finances to develop self sustainable enterprises and self reliant people to up lift the economic development of the country