In a significant development for both the financial and hospitality sectors in Nepal, Prabhu Bank Limited has officially signed a Memorandum of Understanding (MoU) with Landmark Hotel & Resort. The agreement, finalized at Landmark Hotel’s Durbarmarg location in Kathmandu, is aimed at providing special benefits to Prabhu Bank’s extensive network of more than 3.1 million customers as well as its dedicated employees.
This partnership stands as a strong example of how leading institutions are joining forces to offer value-added services that extend beyond their core business operations, creating mutual benefits for customers and businesses alike.
Formal Signing Ceremony with Senior Representatives
The MoU signing ceremony was a noteworthy event, attended by key executives from both organizations. Representing Prabhu Bank, Chief Marketing Officer Mr. Ramesh Kumar Shrestha and Marketing Manager Ms. Dina Chitrakar signed the agreement. Landmark Hotel & Resort was represented by Assistant Sales Director Ms. Malati Rai Shrestha and Director of Sales & Marketing (Corporate) Mr. Amrit Dhakal.
The presence of these senior-level representatives highlights the strategic importance of this collaboration for both parties, signaling a shared vision of improving customer experience and promoting domestic tourism.
Benefits Across Multiple Popular Destinations
Under the agreement, Prabhu Bank customers and employees will enjoy exclusive benefits at Landmark Hotels & Resorts situated in some of Nepal’s most sought-after tourist locations, including Chitwan, Pokhara, Kathmandu, Tanahun, and Bhairahawa.
With this wide coverage, beneficiaries can enjoy discounts and perks whether they are traveling for leisure or business, ensuring that the partnership reaches a broad demographic across various regions of the country.
Attractive Discount Structure to Promote Domestic Tourism
The discount structure has been designed to be highly advantageous for customers. Institutional discounts will apply to all accommodation services, making hotel stays more affordable. In addition, customers will receive a 10% to 15% discount on food and beverage services at the partnered hotels.
These offers are expected to encourage greater domestic travel, promote local hospitality services, and boost the tourism economy by making premium hospitality experiences accessible to a larger section of the Nepali population.
Digital Payment Integration for Seamless Transactions
To avail of these benefits, customers must make payments through Prabhu Bank’s electronic payment systems, including debit cards, credit cards, and other digital platforms.
This not only simplifies the process for customers but also aligns with Prabhu Bank’s long-term strategy of promoting cashless transactions and digital banking solutions. By encouraging the use of electronic payments, the bank continues to push forward its mission to integrate technology into everyday financial services.
Prabhu Bank’s Growing Network and Industry Recognition
Prabhu Bank’s extensive reach, with 312 branches, 256 ATMs, and 48 extension counters, provides a solid foundation for the success of this partnership. Serving over 3.1 million customers nationwide, the bank has earned a reputation for excellence in both service quality and innovation.
Its achievements have been recognized with multiple prestigious awards. In 2023, Prabhu Bank was named “Bank of the Year” by The Banker, a globally respected financial publication. In 2024, it received the “Finacle Infosys Innovation Gold” award for technological advancements in banking. Most recently, in 2025, the bank was awarded “Nepal Best Digital Bank for SME” at the Euromoney Awards for Excellence, honoring its efforts in empowering small and medium-sized enterprises through digital solutions.
A Win-Win for Both Sectors
The collaboration with Landmark Hotel & Resort is not merely a promotional campaign, it’s a strategic alliance that strengthens Prabhu Bank’s brand while providing tangible lifestyle benefits to its customers. For Landmark Hotel & Resort, the partnership expands its customer base by tapping into the bank’s vast network of clients and employees.
By bridging the gap between financial services and hospitality, both organizations are creating a synergy that enhances customer value, promotes tourism, and strengthens brand loyalty.
Looking Ahead
As Prabhu Bank continues to grow its service offerings and gain international recognition, such partnerships reinforce its position as a forward-thinking, customer-centric financial institution. With the hospitality industry rebounding strongly post-pandemic and domestic tourism gaining momentum, this alliance comes at an ideal time to maximize value for both sectors.
The MoU between Prabhu Bank and Landmark Hotel & Resort stands as a testament to the power of cross-industry collaboration in delivering innovative, customer-focused solutions in Nepal’s evolving market landscape.
