NIC ASIA Bank

NIC ASIA Bank was founded as Nepal Industrial and Commercial

Bank on 21 July 1998. It was renamed NIC ASIA Bank on 30 June NIC ASIA Bank
2013 after it merged with Bank of Asia. Nepal witnessed the first
merger of two commercial bank in its history. After the merger, NIC
ASIA was recognized as ”Bank of the Year 2013-Nepal” by The
Banker, Financial Times, UK. This is the second time that the Bank
was recognized with this prestigious award, the previous occasion
being in 2007.[1] The Bank has successfully completed its 21 years of
operation. The company has currently the following wholly owned
subsidiaries: 1. NIC Asia Capital Limited [2] 2. NIC Asia NIC ASIA Bank
Laghubittiya Sanstha limited [3]
Native name एन.आई.सी.ए शया बक
The paid up The Bank with its 317 branches,[4] 405 ATMs, 95 Type Public Limited
Extension counters and 44 branchless banking service is the largest
Traded as NEPSE: NICA (htt
bank in terms of footprint expansion, customer base including balance p://www.nepalstoc
sheet size.[5] k.com/company/dis
play/139)
The Bank is headed by Mr. Tulsi Ram Agrawal as its Chairman and
Mr. Roshan Kumar Neupane as Chief Executive Officer. Mr. Industry Banking, Financial
Neupane was appointed as CEO of the bank on 2 December 2018 Services
with 4 years tenure.[6] Mr. Neupane is believed to be youngest CEO Founded 1998
in Nepalese Commercial Banks.
Headquarters Nepal
Area served Nepal
Ownership structure Roshan K.
Key people
Neupane (CEO)
The Bank currently has a paid-up capital of Nepalese Rupees 11.56
Billion (as of FY 2019-20) [7] Products Consumer
banking, corporate
banking, finance
See also and insurance,
investment
List of banks in Nepal banking, mortgage
Nepal Stock Exchange loans, private
banking, private
equity, savings,
References securities, asset
management,
1. "Introductionhere1" (https://www.nicasiabank.com/about-u
wealth
s/introduction). NIC Asia Bank. Retrieved 22 August 2020.
management,
2. "NIC Asia" (https://www.nicasiacapital.com/).
credit cards
www.nicasiacapital.com. Retrieved 22 August 2020.
Number of 2500+
3. "NIC Asia Laghubitta Bittiya Sanstha Limited" (https://www.
employees
facebook.com/nicasialaghubitta/). www.facebook.com.
Retrieved 22 August 2020. Website www.nicasiabank
4. "Branches" (https://www.nicasiabank.com/branches). NIC .com. (http://www.n
Asia Bank. Retrieved 19 September 2020. icasiabank.com.)
 5. "NIC Asia Bank - #1 Commercial Bank in Nepal" (https://www.nicasiabank.com/). NIC Asia
Bank. Retrieved 22 August 2020.
6. "Neupane appointed CEO of NIC Asia" (https://thehimalayantimes.com/business/neupane-app
ointed-ceo-of-nic-asia/). The Himalayan Times. 3 December 2018. Retrieved 22 August 2020.
7. http://www.nepalstock.com/company/display/139

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This page was last edited on 4 January 2021, at 14:08 (UTC).

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