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Success Stories

Nepal Bank Ltd. was established in 1994 BS (1937 AD). In its period of eight and odd decades, the fortune of the bank ebbed and flowed. Basically, the bank went through- Golden Period (BS 1994-2045), Crisis Period (2046-2058), Reformation Period (2059-2071), and Market Driven Period (2072 onwards)

Golden Period (BS 1994-2045)

The initial 50 years of its establishment can be elicited as the golden period. In this period, the bank made a significant contribution in country’s economic development along with the development and advancement of the financial sectors. Moreover, Nepal Bank implicitly contributed in the establishment of Nepal Rastra Bank, the then Nepal Industrial Development Corporation; Rastriya Banijya Bank, and Agricultural Development Bank. Nepal Bank began its financial transaction disbursing the loan of Rs. 1,500 to Bhajuratna to trade ghee with the government and Rs. 3000 to Jaharuddhin to run shoes and slipper business in 1994. However, at present it has invested billions of rupees in a single company or a business house making a significant contribution in national economy.
Nepal bank feels proud to see the success of reputed and big corporate houses in Nepal who are connected with this bank and made a significant progress in their field.  On this background, Nepal Bank will always remember Sardar Gunjaman Singh for his contribution in the establishment of the bank and Mr. Aanand Bhakta Rajbhandari, the Director General, for his good leadership and guidance for a long period of time in the Bank.

Crisis Period (2046-2058)

The time period between 2046 and 2058 BS is considered as the crisis period in the history of the Bank. Then changing political scenario, change in bank’s leadership after a long period of time; lack of efficient leadership and guidance caused negative impact in bank’s balance sheet by the end of 2058 BS. Constant and continuous loss, deteriorating bank capital and more than 10 billion negative net worth; and debasing quality of loan sanctioned conjointly put the existence of the bank under question. This remained as the crisis period in the history of the bank.

Reformation Period (2059-2071)

Under the Financial Reform Program, Nepal Rastra Bank took over Nepal Bank Ltd. in 2058 BS and handed over the managerial responsibility to the foreign management team. The reformation was done in two phases. In first phase, managerial responsibility was given to ICC Consulting Management Team, Scotland for 5 years. Later, in second phase, Nepal Rastra Bank looked after under its own management for 8 years to make it financially fit. In this reformation period, there were noticeable progress in the field of capital and capital adequacy, internal control mechanism, information technology, management information system, bad debt recovery, human resource right sizing and greater promotional opportunities.

Market Driven Period (2072 onwards)

NBL board recruited the Chief Executive Officer (CEO) via open competition on 2071 Chaitra 12 and NRB handed over the managerial responsibility of the bank. The present condition can be termed as market driven period. It was obvious to have constricted transaction as the bank went through a long reformation period. However, the entire team is focused to set up a good presence of the bank in the market, extension of branches and networks, strengthening the internal management, capacity enhancement and employees’ productivity, extension of consumer service centers and the like for its recovery. 

A few important data:(As of May 14, 2022)

Financial Positions

S.No. Title Credit Deposit NPA Profit Reserve And Surplus Share Capital
1 Current Management (2078 Asadh end) 141 .9 billion 163.6 billion 2.05 % 2.96 billion 16.41 billion 12.63 billion
2 Current Management (2074 Asadh end) 74 billion 94 billion 3.17% 3.22 billion 3.51 billion 8.04 billion
3 During NRB Management (2071 Ashad end) 41 billion 69 billion 5.12% 0.72 billion 3.11 billion negative 6.47 billion
4 During Foreign Management (2064 Ashad end) 13 billion 39 billion 12% 0.23 billion 6.6 billion negative 0.38 billion
5 Before Foreign Management(2060 Ashad end) 18 billion 35 billion 60% 0.25 billion negative 10.21 billion negative 0.38 billion

Financials Yearwise

Year Deposits Loans And Advances Gross Investments Gross Interest Income Interest Expenses Operating Profit Net Profit NPA
2077/78 163.6 billion 141.9 billion 30.01 billion 11.88 billion 5.47 billion 4.34 billion 2.96 billion 2.05 %
2076/77 142989 110651 32596 11526 5908 3247 2332 2.47
2075/76 118275 98748 16425 10375 4186 4510 2596 2.64
2074/75 93944 80842 16247 9229 2841 4848 3215 3
2073/74 93,944 71,745 12,181 7,526 1,728 2,962 3,117 3.17
2072/73 89,410 63,527 12,843 6,263 1,658 1,947 2,882 3.11
2071/72 77,999 53,388 16,902 5,122 1,811 386 483 3.98
2070/71 69,338 41,218 22,664 5,011 2,188 -6 359 5.12
2069/70 62,984 37,582 11,058 4,740 2,214 104 755 5.24
2068/69 56,052 29,699 8,473 4,051 2,197 -210 176 5.58
2067/68 46,808 26,706 7,667 3,741 1,482 -56 128 5.75
2066/67 42,882 25,052 5,866 3,068 910 -622 249 5.37
2065/66 45,194 19,560 13,479 2,690 792 146 894 4.94
2064/65 41,829 15,765 16,652 2,095 773 -36 239 12.38
2063/64 39,014 13,757 16,083 1,849 773 -37 227 13.49
2062/63 35,830 12,442 14,501 2,049 774 -389 1,207 18.18
2061/62 35,934 16,866 14,220 1,987 749 111 1,730 49.64
2060/61 35,735 17,938 11,021 1,825 1,026 -129 710 53.74
2059/60 35,014 18,132 12,464 2,200 1,586 -837 -252 60.47
2058/59 34,265 19,253 7,151 1,527 1,713 -3,196 -3,071 56.27
2057/58 35,619 20,419 6,776 2,368 1,745 -2,298 -2,178 50.8