We have done Comparison of NIC Asia Bank & Standard Chartered.
Short Introduction
NIC Asia Bank
NIC Asia Bank Limited (NICA) is leading commercial bank in Nepal. It is located at Trade tower, Thapathali, Kathmandu, Nepal. The bank was established in 21st July, 1998. It is one of the biggest commercial bank in Nepal in terms of popularity.
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Standard Chartered Bank
Standard Chartered Bank Nepal Limited (SCB) has been in operation in Nepal since 1987. Head office is located at Madan Bhandari Marg, Naya Baneshwor Kathmandu, Nepal. Majority portion of the company is invested by foreign company named Standard Chartered Group. It is one of the oldest foreign invested company in Nepal.
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Comparison of NIC Asia Bank & Standard Chartered
Following are the financial highlights of the banks.
| Particulars “000” | NIC Asia Bank | Standard Chartered |
|---|---|---|
| Paid-up Capital | 11,564,005.00 | 9,429,454.00 |
| Retained Earnings | 3,698,834.03 | 2,733,936.00 |
| Reserve | 14,388,438.39 | 8,013,919.00 |
| Deposits from Customers | 311,367,922.42 | 117,500,875.00 |
| Loans and Advances to Customers | 262,098,740.71 | 77,857,560.00 |
| Net Interest Income | 12,371,164.31 | 5,955,257.00 |
| Impairment Chage/ (Reversal) | 394,197.09 | 598,333.00 |
| Personnel Expense | 4,995,499.81 | 5,048,399.00 |
| Operating Profit | 6,827,332.94 | 3,525,415.00 |
| Profit/ (Loss) for the year | 4,651,338.48 | 3,525,415.00 |
| Capital Adequacy Ratio (CAR) | 13.99 | 17.12 |
| NPL | 0.80 | 1.17 |
| CD Ratio | 83.55 | 75.80 |
| Cost of fund | 7.67 | 6.91 |
| Interest Rate Spread | 3.99 | 4.00 |
| Base Rate | 9.98 | 9.02 |
| EPS | 40.22 | 37.39 |
| Book Value | 256.41 | 213.98 |
Note: All the data are taken from the Q4 report of FY 2079/80.
Other Important Links
a. EPS of commercial Bank: CLICK HERE
b. Top 10 Commercial Bank: CLICK HERE
