Know Your Bank II

The entry of the 26th commercial bank has jazzed up competition in the domestic banking sector. After the global meltdown, the banking sector is in the spotlight. Though Nepali banks are not affected by the global financial crisis, we need to keep a continuous watch over them and their financial fitness. Lets have a look at some of our banks and their financial health.

6. Himalayan Bank Ltd (January 18, 1993)
Chairman: Manoj Bahadur Shrestha
CEO: Ashoke Rana
Paid up capital: Rs 1,013.50 million
Core capital: Rs 2,744.6 million
Net Profit: Rs 641.3 million (After Tax)
NPA: Rs 475.8 million (2.36 per cent)
Networth: Rs 2,787.81 million
Earning Per Share: Rs 63.28
Price earning Ratio (P/E): 31.29
Branches: 17
ATMs: 29

17. Siddhartha Bank Ltd (December 24, 2002)
Chairman: Chiranji Lal Agrawal
CEO: Surender Bhandari
Paid up capital: Rs 828 million
Core capital: Rs 1,056 million
Net Profit: Rs 143 million
NPA: 1.05 per cent
Networth: Rs 1,075 million
Earning Per Share: Rs 17.29
Price earning Ratio (P/E): 63.04
Branches: 10
ATMs: 3

20. Citizens' International Bank Ltd (April 20, 2007)
Chairman: Dr Shankar Prasad Sharma
CEO: Rajan Singh Bhandari
Paid Up Capital: Rs 700 million
Core Capital: Rs 751.40 million (As of October 16, 2008)
Net Profit: Rs 12.20 million (As of October 16, 2008)
NPA: Nil
Networth: Rs 751.40 million
Earning Per Share: Rs 9.79 (July 16, 2008)
Price Earning Ratio (P/E): Nil
Branches: Nine
ATMs: Nine

21. Prime Commercial Bank (September 24, 2007)
Chairman: Narendra Bajracharya
CEO: Narayan Das Shrestha
Paid up capital: Rs 700 million
Core capital: Rs 771.81 million
Net Profit: Rs 43.80 million
NPA: Nil
Networth: Rs 771.87 million
Earning Per Share: Rs 6.26
Price earning Ratio (P/E): Nil
Branches: six (shortly coming)
ATMs: 4 (shortly opening)

22. Bank of Asia Nepal Ltd (October 12, 2007)
Chairman: Trilok Chand Agrawal
CEO: Parshuram Kunwar Chhetri
Paid up capital: Rs 700 million
Core capital: Rs 704.46 million
Net Profit: Rs 44.62 million
NPA: NilNetworth: Rs 704.46 million
Earning Per Share: Rs 0.64
Price earning Ratio (P/E): Nil
Branches: Seven
ATMs: 0