Nepal Bank Limited (Bank Overview)

Nepal Bank Limited 
Dharmapath Kathmandu (Head Office)
P.O.Box: 36, Kathmandu


SWIFT Code: NEBLNPKA


Tel.: +977 1 422 2397
Fax: +977 1 422 0414
Email: info@nepalbank.com.np

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 27 Biratnagar Region 28 Birgunj Region 17 Pokhara Region 20 Nepalgunj Region 16 Total no of Branches* 108 No. of Staff: 2963 (As of January 16, 2011) Financial position of the Bank No. of computerized branches: 98  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. 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