Nic Asia Bank Ltd 2018 AR2
The report outlines NIC ASIA Bank Limited's financial and operational performance for the fiscal year 2017/18, highlighting its strategic focus on 'Banking the Unbanked' by expanding its branch network to 231 branches, particularly in rural and semi-urban areas. The bank achieved record growth in deposits and loans, reaching NPR 151.22 billion and NPR 120.46 billion respectively. It also details the bank's corporate social responsibility initiatives, including planting over 6,000 trees, supporting educational and health programs, and contributing NPR 1.40 billion in taxes to the government.
Company: Nic Asia Bank Ltd
Country: Nepal
Year: 2018
Type: AR2
Pages: 356
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Nic Asia Bank Ltd
Annual Report
The report outlines NIC ASIA Bank Limited's financial and operational performance for the fiscal year 2017/18, highlighting its strategic focus on 'Banking the Unbanked' by expanding its branch network to 231 branches, particularly in rural and semi-urban areas. The bank achieved record growth in deposits and loans, reaching NPR 151.22 billion and NPR 120.46 billion respectively. It also details the bank's corporate social responsibility initiatives, including planting over 6,000 trees, supporting educational and health programs, and contributing NPR 1.40 billion in taxes to the government.
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Document Details
Report Year
2018
Reporting Period
Jul 16, 2017 - Jul 16, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees