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About Us

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. Anuj Agrawal
Mr. Ram Chandra Sanghai
Mr. Heem Bahadur Rawal
Kamdhenu Investment P Ltd (Representative - Mr. Binod Pyakurel)
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 CEO Mr. Parshuram Kunwar Chhetri.


 

The Capital Structure

Paid up capital of the Bank is NPR 1 Billion, out of which 70% is from promoters and balance 30% is from general public. Bank is increasing its paid up capital to NRP 2 Billion by FY 2009/10. The shares of the Bank are listed with NEPSE.


 

Branch Network

As of Fiscal Year 2065/66, 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.


 

Financial Achievement

At the end of 4th Quarter of the current FY 2008/09, bank is successful to collect a deposit of NPR 8.8 Billion and is able to lend NPR 7.6 Billion of Loans and Advances. From this, the Bank has made an operating profit of NPR 96 Million and Net Profit of NPR 61 Million.


 

Key Management Team

Name / Designation Academic Qualification Banking Experience
Mr. Parshuram K. Chettri
CEO		 MBA, TU General Manager, Citizen Bank International Limited
(2007-2008)
Nepal Bank Limited
(2003-2006)
Standard Chartered Bank Nepal Ltd
(1986-2003)
Mr. Laxman Risal
General Manager		 B.Sc 14 years in Standard Chartered Bank Limited, 4 Years in NIC Bank Limited, CEO in Prime Life Insurance Co. Ltd. for 15 months
Mr. Sujit K. Shakya
Head - Business Banking		 MBA, Lucknow, India 8.5 Years with Himalayan Bank Ltd.& 2.5 Years with Laxmi Bank Ltd.
Mr. Bapin Rajbhandari
Head - IT		 BE (Computer Science), Kherson, Ukraine 3 Years with Nepal SBI Bank Ltd. & 5 Years with NCC Bank Ltd.
Mr. Santosh Niraula
Manager - Finance & Treasury		 Chartered Accountant, ICAI, India
MA (Economics), Tribhuvan University, Nepal		 4 Years With Laxmi Bank Ltd.
Mr. Sudhir Pandey
Manager Operations		 Bachelors of Commerce Laxmi Bank
(2003-2008)
Nepal Grindlays Bank Ltd.
(1988-1992)
Mr. Parmeswor Shrestha
Manager - Special Projects and Research		 EMBA, Pokhara University, Nepal 11 Years with Bank of Kathmandu Ltd.
Mr. Nabindra Shrestha
Relationship Manager		 MBA, Tribhuwan University, Nepal Chartered Accountant, ICAI, India 2 years of banking experience with Laxmi Bank Ltd. & Global Bank Ltd.
Ms. Nina Tamang Sherpa
Manager - Business Development		 B.A, Economics, North Bengal University, India 11 years working experience with Standard Chartered Bank Nepal Ltd.
Mr. Rajesh Subedi
Manager- General Administration		 M. Sc., Tribhuvan University, Nepal 9 Years with Nepal SBI Bank Ltd.
Mr. Dinesh Bhari
Company Secretary		 B.L.- Nepal Law Campus, Tribhuvan University 6 Years with Goodwill Finance Ltd. & 2 Years with General Finance Ltd.
Mr. Roshan Kumar Neupane
In-Charge Internal Audit and Compliance		 Chartered Accountant, ICAN, Nepal Extensive auditing experience in numerous banks and financial institutions as an audit manager.