Comparison of NIC Asia Bank & Standard Chartered

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