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 Home › Bank Overview › Introduction |
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Bank Overview
Introduction
Nepal Bank Limited, The first bank of Nepal was established in November 15, 1937 A.D (Kartik, 30, 1994). It was formed under the principle of Joint venture (Joint venture between govt. & general public). 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. The bank has been providing banking through its branch offices in the different geographical locations of the country.
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 and 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 |
|
Total |
100 |
Shareholding Composition (Pie-Chart View)
NBL Network Overview
| Region wise branches |
No of Branches |
| Kathmandu Region |
25 |
| Biratnagar Region |
26 |
| Birgunj Region |
16 |
| Pokhara Region |
16 |
| Nepalgunj Region |
16 |
| Total no of Branches* |
99 |
No. of Staff: 3318 (As of April 4, 2009)
Financial position of the Bank
No. of computerized branches: 77
Branches under single computer network: 43
Composition of Board Of Directors
The bank is under the control of Central Bank of Nepal, Nepal Rastra Bank (NRB). NRB has appointed a five 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 (NRB) appointed three management team under the leadership of NRB director, Mr. Maheshwor Lal Shrestha.
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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Contact
Nepal Bank Limited
Dharmapath Kathmandu
(Head Office)
Tel.: +977 1 4247999 / 4239888
Email: info@nepalbank.com.np
View Contact Details
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