DOCSLIB.ORG

Nmb Market Share

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Nmb Market Share 2018-19 Annual Report Contents Integrated Report NMB at Glance ................................................................................................................................................................................................................................................................ 5 Introduction ........................................................................................................................................................................................................................................................................... 6 Subsidiaries .......................................................................................................................................................................................................................................................................... 8 Key Highlights ................................................................................................................................................................................................................................................................. 9 Reminiscing the Journey ......................................................................................................................................................................................................................... 10 Milestones ............................................................................................................................................................................................................................................................................... 12 Vision, Mission and Values ................................................................................................................................................................................................................... 13 Strategic Objectives ............................................................................................................................................................................................................................................. 14 Business Ethics ............................................................................................................................................................................................................................................................ 15 Board of Directors ................................................................................................................................................................................................................................................... 18 Chairman’s Statements .............................................................................................................................................................................................................................. 20 Management Team .............................................................................................................................................................................................................................................. 22 CEO’s Message .............................................................................................................................................................................................................................................................. 24 Head of Departments ...................................................................................................................................................................................................................................... 26 Organization Structure .................................................................................................................................................................................................................................. 27 Risk Management .................................................................................................................................................................................................................................................. 28 Corporate Governance .................................................................................................................................................................................................................................. 35 Investor’s Information .................................................................................................................................................................................................................................... 49 Human Capital ................................................................................................................................................................................................................................................................ 53 Corporate Social Responsibility ................................................................................................................................................................................................. 58 Sustainable Banking .......................................................................................................................................................................................................................................... 61 Deposit and Loan Products and Services ............................................................................................................................................................. 62 Credit Rating Report ........................................................................................................................................................................................................................................... 74 Value added statement ................................................................................................................................................................................................................................ 78 Horizontal and Vertical Analysis ............................................................................................................................................................................................... 80 Du Pont Analysis ....................................................................................................................................................................................................................................................... 84 Market Share Information ..................................................................................................................................................................................................................... 85 Graphical Presentation – Trend Analysis ............................................................................................................................................................... 87 Statutory Reports and Disclosures Director’s Report ........................................................................................................................................................................................................................................................ 96 Annex 15 of Securities Registration and Issue Regulation, 2016 ....................................................................... 114 Amendments to MoA and AoA ................................................................................................................................................................................................... 116 Notice of 24th AGM Minute .................................................................................................................................................................................................................. 117 Financial Statements Independent Auditor’s Report ........................................................................................................................................................................................................ 122 Financial Statements ....................................................................................................................................................................................................................................... 124 Significant Accounting Policies to Consolidated Financial Statements ................................................. 187 Additional Disclosures to Consolidated Financial Statements ................................................................................. 200 Disclosures under New Capital Adequacy Framework .......................................................................................................... 235 Branch and ATM Network ................................................................................................................................................................................................................ 241 Integrated Report NMB at a Glance NPR 138.68 Billion NPR 3.25 Billion Consolidated Total Assets Core Operating Profit* 15.43% 34.43% Total Capital Adequacy Ratio CASA Ratio 3.58% 48.18% Total Net Interest Margin (YTD)* Retail and SME Loans as a portion of Total Loans 0.82% 9.86% Non-Performing Loan Base Rate (Last
Load more

Recommended publications
  • Tourism in Pokhara: Issues, Trends and Future Prospects for Peace and Prosperity
    Tourism in Pokhara: Issues, Trends and Future Prospects for Peace and Prosperity 1 Tourism in Pokhara Issues, Trends and Future Prospects for Peace and Prosperity Edited by Bishnu Raj Upreti Pranil Kumar Upadhayaya Tikaram Sapkota Published by Pokhara Tourism Council, Pokhara South Asia Regional Coordination Office of NCCR North-South and Nepal Centre for Contemporary Research, Kathmandu Kathmandu 2013 Citation: Upreti BR, Upadhayaya PK, Sapkota T, editors. 2013. Tourism in Pokhara Issues, Trends and Future Prospects for Peace and Prosperity. Kathmandu: Pokhara Tourism Council (PTC), South Asia Regional Coordination Office of the Swiss National Centre of Competence in Research (NCCR North- South) and Nepal Center for Contemporary Research (NCCR), Kathmandu. Copyright © 2013 PTC, NCCR North-South and NCCR, Kathmandu, Nepal All rights reserved. ISBN: 978-9937-2-6169-2 Subsidised price: NPR 390/- Cover concept: Pranil Upadhayaya Layout design: Jyoti Khatiwada Printed at: Heidel Press Pvt. Ltd., Dillibazar, Kathmandu Cover photo design: Tourists at the outskirts of Pokhara with Mt. Annapurna and Machhapuchhre on back (top) and Fewa Lake (down) by Ashess Shakya Disclaimer: The content and materials presented in this book are of the respective authors and do not necessarily reflect the views and opinions of Pokhara Tourism Council (PTC), the Swiss National Centre of Competence in Research (NCCR North-South) and Nepal Centre for Contemporary Research (NCCR). Dedication To the people who contributed to developing Pokhara as a tourism city and paradise The editors of the book Tourism in Pokhara: Issues, Trends and Future Prospects for Peace and Prosperity acknowledge supports of Pokhara Tourism Council (PTC) and the Swiss National Centre of Competence in Research (NCCR) North-South, co-funded by the Swiss National Science Foundation (SNSF), the Swiss Agency for Development and Cooperation (SDC), and the participating institutions.
    [Show full text]
  • NMB Bank – Bridging the Unbanked
    Savings at the Frontier (SatF) A Mastercard Foundation partnership with Oxford Policy Management Project Briefing: NMB Bank – Bridging the Unbanked Introduction Tanzania’s NMB Bank Plc (NMB) is receiving support of up to $1,000,000 from SatF to bring formal financial services to some of Tanzania’s most excluDeD communities. NMB has partnered with CARE International anD will use the funDing to Digitise anD scale up the Bank’s current efforts to reach savings groups in peri-urban and rural parts of Tanzania. The project’s aim is that, By 2020, NMB will be clearly on track to making group anD group memBer outreach sustainaBle By aDDing 100,000 active rural anD peri-urban customers to its user base. These customers should Be clearly iDentifiaBle as memBers of savings groups, thereBy contriButing to the Bank’s longer term goal of signing up 28,000 savings groups with up to 600,000 memBers actively using NMB accounts. What difference will SatF’s support make? SatF’s support is helping NMB to link its existing group proDuct (Pamoja) with ChapChap, an entry- level inDividual moBile Banking proDuct. This is enabling NMB to keep transaction charges low anD tailor its offer to the neeDs of rural, unBankeD customers – particularly women. The Bank will also Be testing the efficiency gains from integrating Pamoja (the group proDuct) anD CARE’s Chomoka smartphone application for savings groups (SGs). Chomoka enables groups to Digitise their recorDs anD track the savings anD creDit histories of groups anD their memBers. The funDing will also enaBle NMB to Develop anD test a tailoreD creDit proDuct suiteD to the emerging neeDs, revealeD preferences of group members as well as their willingness anD ability to meet financial commitments.
    [Show full text]
  • Invitation for Tenders
    TANZANIA ELECTRIC SUPPLY COMPANY LTD Tender No. PA/001/2020-2021/HQ/G/185 For Supply of equipment and materials for construction of 400/220/132/132kV Chalinze substation Invitation for Tenders Date: 25/03/2021 1. The Government of the United Republic of Tanzania though Tanzania Electric Supply Company Limited (TANESCO) has funds for implementation of various strategic projects during the financial year 2020-2021. It is intended that part of the proceeds of the fund will be used to cover eligible payment under the contract for the Supply of equipment and materials for construction of 400/220/132/132kV Chalinze substation which is divided into the following scope: - - lot 1 for Supply of switchyard equipment - Lot 2 for Supply of Control, Protection and SCADA system equipment - Lot 3 for Supply of Steel Towers and Gantry structures 2. Each Lots has its own Tendering documents. Tenderer are allowed to quote for all Lots or Individual Lot. 3. The award will be made on Lot basis. 4. The Tanzania Electric Supply Company Limited (TANESCO) now invites tenders from eligible Manufacturers/Authorized dealers of Supply of equipment and materials for construction of 400/220/132/132kV Chalinze substation. 5. Tendering will be conducted through the International Competitive Tendering procedures specified in the Public Procurement Regulations, 2013 – Government Notice No. 446 as amended in 2016, and is open to all Tenderers as defined in the Regulations. 6. Interested eligible Tenderers may obtain further information from and inspect the Tendering document during office hours from 09:00 to 16:00 hours at the address given below; - The Secretary Tender Board, Tanzania Electric Supply Company Ltd, Street Address: Morogoro Road, Ubungo Area, Building/Plot No: Umeme Park Building, Floor/Room No: Ground Floor, Room No.
    [Show full text]
  • NMB Bank Limited
    NMB Bank Limited ICRA Nepal assigns Issuer Rating of [ICRANP-IR] BBB and [ICRANP] LBBB rating to subordinated Debentures of NMB Bank Limited Amount (NPR) Rating Action Issuer Rating NA [ICRANP-IR] BBB (Assigned) Subordinated Debentures 500 million [ICRANP] L BBB (Assigned) Programme ICRA Nepal has assigned rating of [ICRANP-IR] BBB (pronounced ICRA NP Issuer Rating triple B) to NMB Bank Limited (hereinafter referred to as NMB). Instruments with [ICRANP-IR] BBB Rating are considered as moderate-credit-quality Rating assigned by ICRA Nepal. The rated entity carries higher than average credit risk. The Rating is only an opinion on the general creditworthiness of the rated entity and not specific to any particular debt instrument. ICRA Nepal has also assigned rating of [ICRANP] LBBB (pronounced ICRA NP L triple B) to subordinated bonds of NRs 500 million of NMB. Instruments with [ICRANP] LBBB Rating are considered to have moderate degree of safety regarding timely servicing of financial obligations. Such instruments carry moderate credit risk. The ratings of NMB factors in the bank’s experienced senior management, adequate capitalisation level (CRAR of 11.63% as on mid-Jan-14), control on asset quality profile (Gross NPL of 1.59% as on Jan- 14), adequate earnings profile (PAT/ATA of 1.65% during FY13 and 1.54% during H1FY14), established network in terms of geographical presence. These positives are however offset in part by inferior deposit profile compared to industry average (NMB’s CASA deposit of around 31% as on Jan-14), high top depositors & credit concentration (top 20 depositors accounting for 44% of total deposits and top 20 borrowers accounting 30% of total credit as on Jan-14), low seasoning of significant credit book as the bank’s credit book grown significantly over last two years (credit book from NPR.
    [Show full text]
  • An Assessment of the Causes of Non Performing Loans In
    AN ASSESSMENT OF THE CAUSES OF NON PERFORMING LOANS IN TANZANIA COMMERCIAL BANKS: A CASE OF NMB BANK PLC BY Phides Selestine Mchopa A Dissertation Submitted to School of Business in Partial Fulfillment of the Requirements for the Award of Master Degree in Business Administration (MBA - Corporate Management) of Mzumbe University 2013 i CERTIFICATION We, the undersigned, certify that we have read and hereby recommend for acceptance by the Mzumbe University, a dissertation/thesis entitled an assessment of the causes of non-performing loans in Tanzania commercial banks; a case of NMB bank PLC, Kenyatta road branch (Mwanza), in partial/fulfillment of the requirements for award of the degree of Master of Business Administration of Mzumbe University. ____________________________________ Major Supervisor ____________________________________ Internal Examiner Accepted for the Board of School of Business ______________________________________________ DEAN, BOARD OF SCHOOL OF BUSINESS ii DECLARATION AND COPYRIGHT I, Phides Selestine Mchopa, declare that this Dissertation is my own original work and that it has not been presented and will not be presented to any other university for a similar or any other degree award. Signature ___________________________ Date________________________________ © This dissertation is a copyright material protected under the Berne Convention, the Copyright Act 199 and other international and national enactments, in that behalf, on intellectual property. It may not be reproduced by any means in full or in part, except for short extracts in fair dealings, for research or private study, critical scholarly review or discourse with an acknowledgement, without the written permission of Mzumbe University, on behalf of the author. iii ACKNOWLEDGEMENT First of all I would like to express my exceptional thanks to almighty God for energizing me and make me able to fulfill my academic responsibilities.
    [Show full text]
  • Contents Geographical Location • Map K • Latitudinal & Longitudinal Location on the Map
    Contents Geographical Location • Map k • Latitudinal & longitudinal location on the map. k r • Craft Pockets r o • Place / Village etc, with details of the distance from the nearest town or capital o w w Detailed Description of the craft i • History (reputation & traditional value of the craft) i k • Proof & evidences (related articles, newspaper columns, journals etc) k k • Raw Material k i i • Product S • Production ( Method / process / technique ) S Uniqueness Value of the Craft ŸEconomic Aspect Visual identity Profile of the Crafts People. r r • Crafts People Involved at Present (Family detail) Artisans profile in detail • Present Economic status a • Market Linkages (Any formal groups etc formed to produce or market the craft a Products) • Cost & Price • Annual Turnover h h Personal (of the craftsperson) i For the state (overall) i NGOs / Craft Clusters / Co operatives or Associations Acknowledgement of Sources of Information B B National Institute of Design-Outreach programme Protection and Development of Handicrafts of India under IPR / DC(H) 01 Geographical location SITAMARHI The district of Sitamarhi was k carved out of Muzaffarpur district k r on 11th December 1972. It is r o situated in the northern part of o w Bihar. Its headquarter is located at w i Dumra, five kilometers south of i k Sitamarhi. The district k k headquarter was shifted here after k i the town of Sitamarhi was i S devastated in one of the worst S ever earthquake in January 1934. Sitamarhi is a sacred place in Hindu mythology. It's history goes back to Treta Yug. Sita, the wife of Lord Rama sprang to life out of an earthern pot, when Raja Janak was ploughing the field somewhere near Sitamarhi to r r impress upon Lord Indra for rain.
    [Show full text]
  • Unpaid Dividend-16-17-I2 (PDF)
    Note: This sheet is applicable for uploading the particulars related to the unclaimed and unpaid amount pending with company. Make sure that the details are in accordance with the information already provided in e-form IEPF-2 CIN/BCIN L72200KA1999PLC025564 Prefill Company/Bank Name MINDTREE LIMITED Date Of AGM(DD-MON-YYYY) 17-JUL-2018 Sum of unpaid and unclaimed dividend 737532.00 Sum of interest on matured debentures 0.00 Sum of matured deposit 0.00 Sum of interest on matured deposit 0.00 Sum of matured debentures 0.00 Sum of interest on application money due for refund 0.00 Sum of application money due for refund 0.00 Redemption amount of preference shares 0.00 Sales proceed for fractional shares 0.00 Validate Clear Proposed Date of Investor First Investor Middle Investor Last Father/Husband Father/Husband Father/Husband Last DP Id-Client Id- Amount Address Country State District Pin Code Folio Number Investment Type transfer to IEPF Name Name Name First Name Middle Name Name Account Number transferred (DD-MON-YYYY) 49/2 4TH CROSS 5TH BLOCK MIND00000000AZ00 Amount for unclaimed and A ANAND NA KORAMANGALA BANGALORE INDIA Karnataka 560095 72.00 24-Feb-2024 2539 unpaid dividend KARNATAKA 69 I FLOOR SANJEEVAPPA LAYOUT MIND00000000AZ00 Amount for unclaimed and A ANTONY FELIX NA MEG COLONY JAIBHARATH NAGAR INDIA Karnataka 560033 72.00 24-Feb-2024 2646 unpaid dividend BANGALORE PLOT NO 10 AIYSSA GARDEN IN301637-41195970- Amount for unclaimed and A BALAN NA LAKSHMINAGAR MAELAMAIYUR INDIA Tamil Nadu 603002 400.00 24-Feb-2024 0000 unpaid dividend
    [Show full text]
  • Nmb Market Share
    2018-19 Annual Report Contents Integrated Report NMB at Glance ................................................................................................................................................................................................................................................................ 5 Introduction ........................................................................................................................................................................................................................................................................... 6 Subsidiaries .......................................................................................................................................................................................................................................................................... 8 Key Highlights ................................................................................................................................................................................................................................................................. 9 Reminiscing the Journey ......................................................................................................................................................................................................................... 10 Milestones ..............................................................................................................................................................................................................................................................................
    [Show full text]
  • Sita Ram Baba
    सीता राम बाबा Sītā Rāma Bābā סִיטָ ה רְ אַמָ ה בָבָ ה Bābā بَابَا He had a crippled leg and was on crutches. He tried to speak to us in broken English. His name was Sita Ram Baba. He sat there with his begging bowl in hand. Unlike most Sadhus, he had very high self- esteem. His eyes lit up when we bought him some ice-cream, he really enjoyed it. He stayed with us most of that evening. I videotaped the whole scene. Churchill, Pola (2007-11-14). Eternal Breath : A Biography of Leonard Orr Founder of Rebirthing Breathwork (Kindle Locations 4961-4964). Trafford. Kindle Edition. … immortal Sita Ram Baba. Churchill, Pola (2007-11-14). Eternal Breath : A Biography of Leonard Orr Founder of Rebirthing Breathwork (Kindle Location 5039). Trafford. Kindle Edition. Breaking the Death Habit: The Science of Everlasting Life by Leonard Orr (page 56) ראמה راما Ράμα ראמה راما Ράμα Rama has its origins in the Sanskrit language. It is used largely in Hebrew and Indian. It is derived literally from the word rama which is of the meaning 'pleasing'. http://www.babynamespedia.com/meaning/Rama/f Rama For other uses, see Rama (disambiguation). “Râm” redirects here. It is not to be confused with Ram (disambiguation). Rama (/ˈrɑːmə/;[1] Sanskrit: राम Rāma) is the seventh avatar of the Hindu god Vishnu,[2] and a king of Ayodhya in Hindu scriptures. Rama is also the protagonist of the Hindu epic Ramayana, which narrates his supremacy. Rama is one of the many popular figures and deities in Hinduism, specifically Vaishnavism and Vaishnava reli- gious scriptures in South and Southeast Asia.[3] Along with Krishna, Rama is considered to be one of the most important avatars of Vishnu.
    [Show full text]
  • Annual Report 2019 NMB Final.Indd
    Contents Chairman’s Statement ....................................................................................................................................................................................................................... 3 Directors Report ................................................................................................................................................................................................................................................. 5 CEO’s Message ...................................................................................................................................................................................................................................................... 25 Financial Graphs ............................................................................................................................................................................................................................................. 27 Annual Financial Statements FY 2018-19 NMB Bank Ltd. ....................................................................................................................................................................................................................................................... 33 Annual Financial Statements FY 2018-19 OM Development Bank Ltd................................................................................................................................................................................................
    [Show full text]
  • (Nepal) - Ayodhya - Nandigram - Allahabad - Shringaverpur - Rameswaram - Devipatinam - Thirupullani
    NOV 14 Hampi - Nasik - Chitrakut Dham - Darbhanga - Sitamarhi - Janakpuri (Nepal) - Ayodhya - Nandigram - Allahabad - Shringaverpur - Rameswaram - Devipatinam - Thirupullani. NORTH EAST NEPAL YATRA Inclusive of Food,Train Fare,Dormitory Acc INR 15830 Travel Times (India) P Ltd Itinerary DAY 1 Departure Departure from Madurai at Evening. Departure from Dindigul at Evening. Departure from Karur at Night. Departure from Erode at Night. Departure from Salem at Night. DAY 2 Departures Departure from Jolarpettai at Early Morning. Departure from Katpadi Early Morning. Departure from Chennai at Central Morning. Arrival Hospet at Night. (Night Stay) DAY 3 Kishkindha Kandam Fresh up. Visit the sites of Ramayana (Kishkindha Kandam) Board train from Hospet at Night. DAY 4 Nasik Arrival Nasik Road Afternoon (Night Stay) DAY 5 Panchavati Visit Temples of Panchavati (by walk or by Auto on your own from Bus parking) Also have holy bath at Godavari (Aranya Kandam) Board train from Nasik Road Night DAY 6 Chitrakut Dham Arrival Chitrakut Dham K Night Night Stay DAY 7 Ramghat Bathe in Ramghat Visit temples and Ramayana Sites (Ayodhya Kandam) Board train from Chitrakut Dham Evening DAY 8 Darbhanga Arrival Darbhanga Morning Visit temples and Ramayana Sites (Bala Kandam) Night Stay Itinerary DAY 9 Sitamarhi Proceed to Sitamarhi by road (Morning) Arrival Sitamarhi (Afternoon) Visit Janaki Mandir Reach Nepal Border Night Stay DAY 10 Sitamarhi Proceed to Janakpur in Nepal (Mythila) Visit Birth Place of Sita Proceed to Sitamarhi. Arrival Board train from Sitamarhi Evening DAY 11 Ayodhya Arrival Ayodhya at Morning. Bathe in Sarayu River Visit temples and Ramayana Sites (Ayodhya Kandam) Proceed to Nandigram.
    [Show full text]
  • Trust Funds Presentation
    IFC MOBILE MONEY SCOPING COUNTRY REPORT: TANZANIA Margarete Biallas (with assistance from Alana Fook) TANZANIA SUMMARY - PAGE 1 CURRENT MOBILE MONEY SOLUTION Currently 5 mobile money solutions offered. POPULATION 51 million MOBILE PENETRATION 55% (high) BANKED POPULATION 19% through financial institutions, 40% overall [Source: World Bank FINDEX] PERCENT UNDER POVERTY LINE 28.2% (2012) [Source: World Bank] ECONOMICALLY ACTIVE POPULATION Workforce: 26.11 million (2015) [Source: CIA] ADULT LITERACY 70.6% of Tanzanians, age 15 and over, can read and write (2015) [Source: CIA] MOBILE NETWORK OPERATORS Vodacom (12.4 million subscribers) Tigo (11.4 million subscribers) Airtel (10.7 million subscribers) Zantel (1.2 million subscribers) There are smaller MNO’s eg Halotel (4%), Smart (3%) and TTCL (1%) but they are marginal and do not currently Market Readiness offer mobile money at this time. OVERALL READINESS RANKING The telcom sector has dramatically improved access Regulation 3 through mobile money. Over 40% of mobile money Financial Sector 3 subscribers are active on a 90-day basis. The financial Telecom Sector 4 sector has begun to incorporate agency banking into their channel strategies. Scope for improvements in Distribution 3 strategy formulation and execution exists. Distribution Market Demand 4 in rural areas is difficult as population density is low and infrastructure is poor. 4 (Moderate) Macro-economic Overview Regulations Financial Sector Telecom Sector Other Sectors Digital Financial Services Landscape MOBILE BANKING MARKET POTENTIAL
    [Show full text]