NIC ASIA Bank gives continuity to Mr. Roshan Kumar Neupane as its CEO; takes bank to height of success in many indicators as the earliest banking CEO of just 38 year
NIC ASIA Bank through its 573rd board meeting held on Kartik 16, 2079 has reappointed Mr. Roshan Kumar Neupane as its CEO for the next tenure that will begin from Mangsir 15.
CEO Mr. Neupane started his banking career in 2008 at the Bank of Asia and quickly rose to the CEO role from Mangsir 16, 2075. When first appointed as the CEO of the bank, Mr. Neupane had created a lot of headlines as the youngest CEO of the nation's commercial banks, who later proved his abilities and qualities by taking the bank to the height of success in almost all the banking and non-banking indicators.
Under his able leadership, the bank has registered an unbelievable growth in net profit to Rs 1.75 arba and EPS of Rs 59.62 within the first quarter of the current fiscal year, the highest among all commercial banks of the nation.
CEO Mr. Neupane’s contribution to the bank can also be witnessed under the following data presented herewith about the bank's condition before Mr. Neupane’s tenure and after his first tenure.
Amount in Rs. Million
|
Particulars |
FY 073/074 |
FY 078/079 |
Growth In Times |
NICA Rank |
||
|
Industry |
NICA |
FY 073/074 |
FY 078/079 |
|||
|
1. Risk Assets |
72,035 |
268,236 |
2.43 |
3.72 |
9th |
3rd |
|
2. Total Deposits |
86,697 |
294,977 |
2.17 |
3.40 |
9th |
2nd |
|
3. LCY Deposit |
85,446 |
294,529 |
2.22 |
3.45 |
8th |
2nd |
|
Saving Deposit |
24,787 |
78,658 |
1.81 |
3.17 |
11th |
4th |
|
NIB Deposit |
3,482 |
38,733 |
2.31 |
11.12 |
18th |
3rd |
|
CASA Deposit |
28,269 |
117,391 |
1.93 |
4.15 |
12th |
3rd |
|
4. Balance Sheet Size |
101,194 |
358,424 |
2.18 |
3.54 |
10th |
2nd |
|
Bottom Line: |
|
|||||
|
5. Net interest income |
2,538 |
11,772 |
1.96 |
4.64 |
12th |
1st |
|
6.Total Non-Interest Income |
903 |
2,934 |
1.77 |
3.25 |
13th |
2nd |
|
7.Total Revenue |
3,441 |
14,706 |
1.90 |
4.27 |
11th |
1st |
|
8.Operating Profit Before Provision |
1,859 |
8,027 |
1.87 |
4.32 |
17th |
3rd |
|
Particulars |
FY 073/074 |
FY 078/079 |
Growth In Times |
NICA Rank |
||
|
Industry |
NICA |
Industry |
NICA |
|||
|
9. NPL Ratio (%) |
0.36% |
0.49% |
0.75 |
1.37 |
4th |
4th |
|
10. Return on Equity (%) |
19.52% |
19.65% |
0.60 |
1.01 |
15th |
1st |
|
11. Earning Per Share (In NPR) |
21.96 |
39.13 |
0.84 |
1.78 |
17th |
1st |
|
12. Market Price Per Share (In NPR) |
445.00 |
696.00 |
|
1.56 |
11th |
2nd |
|
13. Market Capitalization |
29,782 |
80,485 |
|
2.70 |
11th |
2nd |
|
Particulars |
FY 073/074 |
FY 078/079 |
Growth In Times |
NICA Rank |
||
|
Industry |
NICA |
Industry |
NICA |
|||
|
14. Customer Base |
||||||
|
No. of Deposit Accounts |
571,170 |
3,454,557 |
2.41 |
6.05 |
NA |
NA |
|
No. of Loan Accounts |
30,638 |
93,808 |
1.66 |
3.06 |
NA |
NA |
|
No. of Mobile Banking |
121,000 |
1,972,635 |
6.60 |
16.30 |
NA |
NA |
|
No. of Internet Banking |
47,911 |
145,609 |
1.67 |
3.04 |
NA |
NA |
|
No. of Debit Card |
160,000 |
1,516,021 |
2.19 |
9.48 |
NA |
NA |
|
15. Delivery Channel and Footprint |
||||||
|
No. of Branch |
119 |
359 |
2.2 |
3.02 |
NA |
1st |
|
No. of ATMs |
70 |
474 |
2.26 |
6.77 |
NA |
1st |
|
No. of Extension Counters |
4 |
102 |
|
25.50 |
NA |
1st |
