Nepal Industrial & Commercial Bank Limited (NIC Bank), which commenced operation on 21st July 1998, is the first commercial bank in the country to be capitalized at Rs. 500 million. The Bank which has been in profitable operation from its inception, has managed robust growths in its overall business and profitability during the recent years. The Bank offers a complete suite of commercial banking products and services including transaction banking, international trade finance, business banking, project finance, corporate banking and consumer banking. NIC Bank is one of the most widely held banking companies in Nepal with close to 35,000 shareholders.
NIC is committed to provide superior banking products and financial services to its patrons through efficient and cost-effective service delivery; offering of new innovative products and friendly customer service; and at the same time maintaining confidentiality, professionalism & good governance. It consistently upgrades its processing systems and technology support besides broadening its scope, range and quality of services. All its branches are inter-connected through VSAT with micro-wave/leased line/optical fibre back-ups and are capable of providing on-line real-time banking services.
| Nepal Industrial & Co.Bank |
| Principal Indicators |
| From 2006 To 2009 |
|
| Percent of Net Profit/Gross Income | PercentPercent | 30.68 | 30.68 | 38.57 | 44.49 | 44.09 |
| Earning Per Share | Amount | 16.1 | 16.1 | 24.01 | 25.75 | 27.83 |
| Market Value Per Share | Amount | 496 | 496 | 950 | 1284 | 1126 |
| Price Earning Ratio | Ratio | 31 | 31 | 40 | 50 | 40 |
| Dividend(including bonus) on share capital | Percent | 10.53 | 10.53 | 21.05 | 21.05 | 15.79 |
| Cash Dividend on Share Capital | Percent | 0.53 | 0.53 | 1.05 | 1.05 | 0.79 |
| Interest Income/Loan & Advances | Percent | 8.04 | 8.04 | 7.81 | 8.31 | 8.94 |
| Staff Expenses/Total Operating Expenses | Percent | 10.27 | 10.27 | 45.94 | 47.02 | 43.51 |
| Interest Expenses on Total Deposit and Borrowing | Percent | 4.38 | 4.38 | 4.26 | 4.32 | 4.72 |
| Exchange Gain/Total Assets | Percent | 0.38 | 0.38 | 5.32 | 3.77 | 6.56 |
| Staff Bonus/Total Staff Expenses | Percent | 30.2 | 30.2 | 29.09 | 49.28 | 53.77 |
| Net Profit/Loan and Advances | Percent | 0 | 0 | 42.04 | 0 | 0 |
| Net Profit/Total Assets | Percent | 0 | 0 | 1.02 | 0 | 0 |
| Total Credit/Deposit | Percent | 78.74 | 78.74 | 90.67 | 87.62 | 89.32 |
| Total Operating Expenses/Total Assets | Percent | 4.27 | 4.27 | 1.02 | 1.01 | 1.04 |
| Adequecy of Capital Fund on Risk Weighted Assets | | | | | |
| A. Core Capital | Percent | 9.94 | 9.94 | 9.21 | 10.5 | 10.48 |
| B. Supplementary Capital | Percent | 3.6 | 3.6 | 3 | 2.61 | 1.94 |
| C. Total Capital Fund | Percent | 13.54 | 13.54 | 12.2 | 13.11 | 12.42 |
| Liquidity(CRR) | Ratio | 6.1 | 6.1 | 5.02 | 5.09 | 6.5 |
| Non Performing Credit/Total Credit | Percent | 0.06 | 0.06 | 0.06 | 0.11 | 0.23 |
| Weighted Average Interest Rate Spread | Percent | 2.74 | 2.87 | 2.87 | 3.44 | 3.5 |
| Book Net-worth | Amount( in '000) | 766462000 | 917990000 | 918496 | 1303427 | 1660254 |
| Total Shares | Number | 6000000 | 66000000 | 6600000 | 9438771 | 11404800 |
| Total Staff | Number | 166 | 189 | 189 | 232 | 270 |
| Others | - | - | - | - | - | - |
News:
Company Announcements:
15-AUG-10:4th Quarter Financial Report & Company Analysis (2066/67): NICB
Nepal Industrial and Commercial Bank Ltd has posted Rs. 452.715 million net profit and published company analysis during the fourth quarter of fiscal year 2066/67. >>more details |
17-MAY-10:Registrar to Share Appointment: NICB
Nepal Industrial & Co. Bank Ltd has appointed Civil Capital Market as registrar to share. >>more details |
12-MAY-10:3rd Quarter Financial Report & Company Analysis (2066/67): NICB
NIC Bank Limited has posted Rs. 318.697 million net profit and published company analysis during the third quarter of fiscal year 2066/67. >>more details |
14-FEB-10:2nd Quarterly Financial Report & Company Analysis (2066/67): NICB
Nepal Industrial & Co. Bank Ltd. has posted Rs. 202.394 million net profit and published company analysis during the second quarter of fiscal year 2066/67. >>more details |
| Nepal Industrial & Co.Bank | | |
| Head Office: | Kamaladi Ganeshsthan |
| Phone NO: | 4262277, 4222336 |
| Email: | kamaladi@nicbank.com.np |
| http://www.nicbank.com.np/ |
| Post Box No: | 7367, Kathmandu, Nepal |
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| Kamaladi Branch |
Kamaladi Ganeshsthan,
Kathmandu, Nepal
Phone: 01-4262277
Fax 01-4241865
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| New Road Branch |
New Road, Kathmandu, Nepal
Phone: 01-4227305
Fax: 01-4227507
SWIFT: NICE NP KA
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| Battisputali Branch |
Battisputali,
Kathmandu Metropolitan - 9,
Nepal
Telephone / Fax No: 01-4484713
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| Pulchowck branch |
Pulchowk, Lalitpur
Phone no: 5555662
Fax : 5550044
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| Bhaktapur branch |
Suryavinayak, Bhaktapur
Phone no: 016226996
Fax : 6619121
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| Biratnagar Branch |
Main Road,Biratnagar,Nepal
Phone: 021-521921
Fax: 021-522748
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| Pokhara Branch |
P. O. Box: 587, Mahendra Pool
Pokhara, Nepal
Tel: 061-539645
Fax: 977-061-533809
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| Dharan Branch |
Mahendra Path,
Dharan, Nepal
Phone: 025-526521
Fax: 025-520333
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| Birtamod Branch |
Bhadrapur Road,
Birtamod, Nepal
Phone: 023-540977
Fax: 023-540811
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| Birgunj Branch |
Adarsh Nagar,
Birgunj, Nepal
Phone: 051-527638
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| Janakpur Branch |
Ram Mandir Chowk,
Janakpur, Nepal.
Phone: 041-525856
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| Damak Branch |
Rajmarg Chowk,
Damak,Jhapa,Nepal
Phone: 023-585156
Fax: 023-585157
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| Nepalgunj Branch |
Surkhet Road, Nepalgunj, Nepal
Phone: 081-526604
Fax: 081-524416
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| Surkhet Branch |
Birendra Chowk,
Birendra Nagar,Surkhet,
Nepal
Phone: 083-524092
Fax: 083-524093
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| Lahan Branch |
Ganesh Chowk, Lahan,
Siraha, Nepal
Phone: 033-561012/033-561013
Fax: 033-561014
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| Butwal Branch |
Shrawan Path, Butwal,
Rupandehi, Nepal
Phone: 071-543238
Fax: 071-543250
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