Success Stories

Traditional Management:

• From 1994 to 2059 ( 65 years)
• Loans and Advances Rs. 8.6 billion in 2059 Ashad end.
• Deposit Rs. 34 billion in 2059 Ashad end.
• Poor collection mechanism of loans resulted in heavy losses.
• No existence of Basel and other improved bank regulation frameworks.
• Poor supervision and ad-hoc style of loan sanctioning resulted in NPL of Rs. 11 billion by the end of F/Y 2059.
• Deposit Rs.34 billion and net loans and advances (after provision) Rs. 8.6 billion
• NPA reached 56% in FY 2058-59.
• No regular audit.
• Unnecessarily huge branches. (241 branches including head office)
• Bank staff nearly 6000 at the end of FY 2058-59.

Foreign Management :

• In 2058/12/01 foreign management (ICCMT) appointed, lasted for 5 years till 2064/4/4
• Deposit reached Rs 39 billion in 2064 Ashad end.
• Loans and Advances reached Rs. 13 billion in 2064 Ashad end.
• NPL significantly decreased from 60% to 12%.
• Massive reduction of employees in 3 phases, from 5598 in 2058/59 to 2937 in 2059/60 using VRS.
• Computerized software (Newton) installed.
• Profit became positive.

NRB direct management :

• From 2064/04/05 to 2071/12/11
• ATM facility started from Baisakh 25, 2066.
• Deposit climbed from Rs. 39 billion to 69 billion in 2071 Ashad End.
• Loans and Advance climbed from Rs 13 billion to Rs. 41 billion in 2071 Ashad End.
• NPA decreased from 12% to 5.12%.
• No. of employees decreased from 2937 to 2618.
• Branches increased from 97 to 120.

Board appointed Current management:

• From 2071/12/12 till date.
• Branch network established all over the country (161 branches).
• Advanced Pumori version IT system introduced and existing two systems integrated.
• ATM facility further enhanced and running in 54 locations all over the country.
• Deposit reached 94 billion in 2074 Asadh end.
• Credit exposure reached 74 billion till 2074 Ashad end.
• NPA decreased from 5.12% to 3.17%.
• Profit impressively increased from 0.72 billion to 3.22 billion positive.
• Negative reserves improved to become 3.51 billion positive.
• Share Capital increased to 8.04 billion.

A few important data

• Branch Number: 161 (As of Apr 7, 2019)
• Extension Counters: 12 (As of Apr 7, 2019)
• Staff Number: 2356 (As of May 3, 2016)
• ATM Number: 79 (As of Apr 7, 2019)
• Active ATM Clients: 56,344 (As of Apr 7, 2019)
• Mobile Banking Clients: 151,049 (As of Mar 14, 2019)
• Internet Banking Clients: 6,526 (As of Mar 14, 2019)
• Deposit Holder Number: 1460,756 (As of Apr 7, 2019)
• Credit Clients Number: 80,074 (As of Apr 7, 2019)
• Total Customers: 1479,012 (As of Apr 7, 2019)
• Coverage District= 61 (As of Apr 7, 2019)

Financial positions

	Credit	Deposit	NPA	Profit	Reserve & Surplus	Share Capital
Before Foreign Management(2060 Ashad end)	18 billion	35 billion	60%	0.25 billion negative	10.21 billion negative	0.38 billion
During Foreign Management (2064 Ashad end)	13 billion	39 billion	12%	0.23 billion	6.6 billion negative	0.38 billion
During NRB Management (2071 Ashad end)	41 billion	69 billion	5.12%	0.72 billion	3.11 billion negative	6.47 billion
Current Management (2074 Asadh end)	74 billion	94 billion	3.17%	3.22 billion	3.51 billion	8.04 billion

Financials/Yearwise