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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. Anuj Agrawal 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 CEO Mr. Parshuram Kunwar Chhetri.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. Parshuram K. Chettri CEO |
Over 24 years of Banking experience including experience with foreign joint venture bank and with foreign bank’s management team assigned to manage one of the government banks under Financial Sector Reform project. |
| Mr. Laxman Risal General Manager |
Over 18 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 Head - Business Banking |
Over 12 years of banking experience. |
| Mr. Bapin Rajbhandari Head - IT |
More than 10 years of banking experience including experience with foreign joint venture bank. |
| Mr. Santosh Niraula Head - Finance & Treasury |
Over 7 years of banking experience. |
| Mr. Sudhir Pandey Head of Operations |
Over 10 years of Banking experience including experience with foreign joint venture bank |
| Mr. Parmeswor Shrestha Manager - Special Projects and Research |
Over 13 Year of banking experience. |
| Mr. Nabindra Shrestha Manager - Credit Risk |
Over 5 years of banking experience. |
| Ms. Nina Tamang Sherpa Manager - Business Development |
Over 10 years of banking experience including experience with foreign joint venture bank. |
| Mr. Rajesh Subedi Manager- HR & General Administration |
Over 10 years of banking experience including experience with foreign joint venture bank |
| Mr. Dinesh Bhari Company Secretary |
Over 10 years of experience in banking and legal field |
| Mr. Roshan Kumar Neupane In-Charge Internal Audit and Compliance |
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 17 Oct 2011 are as under:| Details | Figures in NPR Million |
| Deposit: | 14,324 |
| Loan & Advances: | 12,025 |
| Investments: | 1,608 |
| Operating Profit before Provision: | 67 |
| Net Profit: | 43 |
