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Bank Overview
Introduction
The oldest bank of Nepal, Nepal Bank Limited was established on 1994 B.S. Kartik 30, Monday (November 15, 1937) NBL's authorized capital was Rs. 10 million & issued capital Rs. 2.5 million of which paid-up capital was Rs. 842 thousand with 10 shareholders. It is the first bank of Nepal to establish under the principle of Joint venture (Joint venture between govt. & general public).
Vision Statement:
"To remain the leading financial institution of the country."
Mission Statement:
Nepal Bank Limited seeks to provide an environment within which the bank can bring unique financial value and services to all customers. It will be a sound institution where depositors continue to have faith in the security of their funds are receive reasonable returns; borrowers are assured of appropriate credit facilities at reasonable prices; other service- seekers receive prompt and attentive service at reasonable cost; employees are paid adequate compensation with professional career growth opportunities and stockholders receive satisfactory return for their investment.
Values Statement:
At Nepal Bank Limited, we believe that our banking should be based on:
Respect, service and safety for the customers we serve
Respect, reward and opportunity for the people with whom we work
Respect, cooperation and support for the economic community of Nepal
Objectives:
Nepal Bank Limited has the following objectives
- Continue to maintain leading share of banking sector with a significant presence in all major geographical areas in the country.
- Provide competitive and customer oriented banking services to all customers through competent and professional staff.
- Reclaim leadership within the national financial community.
Shareholding Composition
| S.N |
Ownership |
Percent |
| 1 |
Government of Nepal |
40.49 |
| 2 |
'A' Class Financial Institutions |
4.92 |
| 3 |
NRB Licensed Financial Institutions |
3.42 |
| 4 |
Other Institutions |
0.52 |
| 5 |
General Public |
49.94 |
| 6 |
Others |
0.71 |
Shareholding Composition (Pie-Chart View)
NBL Network Overview
| Region wise branches |
No of Branches |
| Kathmandu |
26 |
| Biratnagar |
26 |
| Birgunj |
15 |
| Pokhara |
16 |
| Nepalgunj |
15 |
| Total no of Branches* |
98 |
*excluding head office
No. of computerized branches: 46
Branches under single computer network: 44
Composition of Board Of Directors
The bank is under the control of Central Bank of Nepal, Nepal Rastra Bank (NRB). NRB has appointed a seven members management committee. This management committee performs as the board of director of the bank.
Management Team
The bank is running under the leadership of Nepal Rastra Bank appointed management team. A three-member management team was formed by the NRB on July 27, 2007, under the convenorship of Dr. Binod Atreya, Director of NRB. Other members of the team are Mr. Laxmi Prapanna Niraula, Director, NRB and Mr. Numanath Poudel, Acting Deputy Director of NRB.
Interest Rate Structure
Deposit:
| S.N |
Deposit Types |
Duration |
Interest Rate |
| 1 |
Saving Deposit |
|
2% |
| 2 |
Fixed Deposit |
1months to 2year |
2% to 3.5% |
Loan Products:
| S.N |
Product/Services |
Interest Rate |
| 1 |
Gold and Silver |
10% |
| 2 |
Loan against First class Bank Guarantee |
7% |
| 3 |
Loan against mortgage of Government Security |
6.50% |
| 4 |
Working Capital (Demand Loan , Overdraft, Pledge loan, Hypothecation,) |
10% |
| |
Hire purchase, |
10.50% |
| |
Project Loan |
10.00% |
| 5 |
Consumer Lending |
|
| |
Home Loan |
7.50% |
| |
Margin Lending |
6.50% |
| |
Auto Loan |
6.50% |
| |
Personal Loan |
9-10% |
| 6 |
Trust Receipt Loan |
8% to 11% |
| 7 |
Structure Demand Loan |
5% |
| Present Capital Structure of NBL |
Rs. '000' |
Table of Financial Indicators:
| Particulars |
060/61 |
061/62 |
62/63 |
| Paid up Capital |
380,383 |
380,383 |
380,383 |
| Core Capital |
-9,252,399 |
-7,522,269 |
-6,374,479 |
| Capital Fund |
-8,901,430 |
-7,127,284 |
-5,853,918 |
| Total Loan & Advances |
17,937,658 |
16,866,546 |
12,441,554 |
| Total Investment |
11,004,820 |
14,199,216 |
14,490,247 |
| NPL |
9,640,082 |
8,372,108 |
2,262,183 |
| Total Deposit |
35,735,044 |
35,934,164 |
35,829,765 |
| Saving |
22,198,772 |
23,482,868 |
24,113,875 |
| Current |
5,357,137 |
5,649,052 |
5,880,370 |
| Fixed |
7,809,759 |
6,185,066 |
5,216,038 |
| Foreign Currency |
191,630 |
203,980 |
172,379 |
| Other |
177,746 |
413,197 |
447,103 |
| Net worth Per Share |
(2) |
(2) |
(2) |
| Earning Per Share (Rs) |
187 |
455 |
317 |
| Loan Loss Provision |
113,096 |
381,437 |
483,683 |
| Return to Assets (%) |
2 |
5 |
3 |
| Return to Equity |
|
|
|
| Net Profit/Loss |
710,391 |
1,730,130 |
1,207,265 |
History |
Introduction |
Executive |
Organization |
Network
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