Know your bank

Kathmandu, October 18:

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.

• Himalayan Bank Ltd (January 18, 1993)Chairman: Manoj Bahadur Shrestha

CEO: Ashok 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

• 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

• Citizens’ International Bank Ltd (April 20, 2007)

Chairman: Dr Shanker 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 (As of July 16, 2008)

Price Earning Ratio

(P/E): Nil

Branches: Nine

ATMs: Nine

• Prime Commercial Bank (September 24, 2007)

Chairman: Narendra Bajracharya

CEO: Narayan Das Manandhar

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)

• 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: Nil

Networth: Rs 704.46 million

Earning Per Share: Rs 0.64

Price earning Ratio

(P/E): Nil

Branches: Seven

ATMs: 0