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Introduction

Bank of Asia Nepal Limited is the 22nd commercial bank of Nepal. It is incorporated under the companies Act 2063 as 'A' Class financial institution. It started its full-fledged commercial operations from 12th October 2007 from its registered office at Tripureshwor, Kathmandu.

 
Vision Statement Mission Statement
To be one of the preferred banks by growing together with all the stakeholders. To deliver a wide range of prompt and quality services in order to consistently achieve sound performance through collaborative partnership at all levels, high standards of governance, optimization of information technology and effective network.

 The Registered Address of the Bank is as under: Kathmandu Metropolitan City – 11, Nepal.
Ph No. 977-1-4263218/4263212
Fax No. 977-1-4258326
Po Box No. 11021
URL www.bankofasia.com.np

 

Board of Directors

The Board of the bank is formed by renowned business personalities and professionals with ample of banking and business experiences. List of Directors is as under:
Chairman Mr. Trilok Chand Agrawal
Director Mr. Ashok Kumar Agrawal
Mr. Satish Kumar More
Mr. Ram Chandra Sanghai
Mr. Heem Bahadur Rawal
Mr. Binod Pyakurel (Representative -Kamdhenu Investment P Ltd )
Mr. Binay Kumar Shrestha (Professional Expert)

   

Management Team

The Management team of the Bank comprises professionals having sound banking experience and proven track record, headed by the Acting CEO Mr. Laxman Risal.

 

The Capital Structure

Paid up capital of the Bank is NPR 2 Billion, out of which 70% is from promoters and balance 30% is from general public. The shares of the Bank are listed with NEPSE.

 

Branch Network

As of Fiscal Year 2066/67, the Bank has all together 29 branches across the country, out of which 15 branches are inside Kathmandu Valley and 14 branches are outside Kathmandu Valley.

 

Key Management Team

Name/ Designation Banking Experience
Mr. Laxman Risal Over 20 years of Banking experience including experience with foreign joint venture bank and more than one year experience with life insurance company.
Mr. Sujit K. Shakya               Over 16 years of Banking Experience
Mr. Bapin Rajbhandari  More than 14 years banking experience including experience with foreign joint venture bank
Mr. Santosh Niraula               Over 11 years of banking experience
Mr. Sudhir Pandey Over 13 years of Banking experience including experience with foreign joint venture bank
Mr. Parmeshwor Shrestha Over 16 Years of Banking experience
Mr. Nabindra Shrestha Over 8 Years of Banking experience
Ms. Nina Tamang Sherpa Over 15 years of Banking experience including experience with foreign joint venture bank
Mr. Rajesh Subedi Over 14 years of Banking experience including experience with foreign joint venture bank
Mr. Dinesh Bhari Over 14 Years of experience in banking and legal field
Mr. Roshan Neupane  Over 11 years extensive auditing experience in numerous banks and financial institutions as audit manager.


 Financial Achievement Brief highlights of the financial position of the Bank as of 12 Apr 2012 are as under:

 
Details Figures in NPR Million
Deposit: 13,976
Loan & Advances: 12,246
Investments: 3,498
Operating Profit before Provision: 239
Net Profit: 117
 

Product & Services

As a pioneer in introducing many innovative products and marketing concepts in the domestic banking sector, Bank of Asia Nepal Limited represents a milestone in the banking history of Nepal with customer satisfaction considered as focal objective while doing business. We are a technologically driven progressive bank with b risk management and corporate governance culture.          

 

AML

Anti Money Laundering Questionnaire
US Patriot Act Certification