Creative Laghubitta Bittiya Sanstha Limited (“the Company”) is incorporated as a public limited company with registration no. 143206/2072/73 on 2072-09-16 B.S. at Company Registrar Office of Government of Nepal under Companies Act 2063. The paid up capital of the Company is Rs. 14 million. The company has obtained license from Nepal Rastra Bank Limited vide 49/073/074 on 2073-06-02. The company has been registered in Inland Revenue Department vide registration number 603571035 (PAN).
The basic inspiration behind the establishment of this bank is to contribute for reduction of huge gap between demand and supply of micro loan in rural areas with its various financial products to specifically disadvantaged and deprived people in support of making their livelihood better. Unlike other modern Bank and Financial Institutions, the Bank grants the loan to its targeted groups without need of any collateral with pure objective of financial and social uplift of disadvantaged peoples. The company has obtained license to operate in 10 district of Far-western Development Region and Mid-western Development Region.
The company has registered office in Ward no-02, Pratappur, Kailali.