DOCSLIB.ORG

English Annual Report 18-19.Pdf

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
English Annual Report 18-19.Pdf ANNUAL REPORT 2018-19 TOGETHER WE RISE CONTENTS STRATEGIC REPORT An Overview (Vision, Mission, Objectives & Core Values) ................6 Bank’s Performance ..............................................................................................8 Financial Reviews ...................................................................................................9 Macroeconomic-Outlook ..................................................................................10 Customer Centric Business Model .............................................................. 13 CORPORATE GOVERNANCE REPORT OBJECTIVES Governance at A Glance ...................................................................................16 Board of Directors ............................................................................................... 18 The consolidated as well as standalone financial Profile of Directors ..............................................................................................20 statements, prepared in accordance with NFRS, remain the Chairman's Statement ...................................................................................... 23 The CEO’S Point of View ................................................................................. 25 primary source of communication with stakeholders. The Management Team .............................................................................................26 Department Heads .............................................................................................30 purpose is to show how we are working to improve every Compliance Department Structure............................................................ 32 aspect of our business for the benefit over stakeholders RISK REVIEW Board Level Committee ...................................................................................36 Risk Management Committee......................................................................38 Risk Management And Control Environment ...................................... 40 CORPORATE SOCIAL RESPONSIBILITY Social & Environment Related Initiatives .............................................. 46 CSR Activities ................................................................................................... 48 HUMAN RESOURCE MANAGEMENT Human Resource Overview ............................................................................ 52 HR Policies ..............................................................................................................54 Human Resource Accounting .................................................................... 56 PRODUCTS & SERVICES Sunrise Swasthya Yojana .................................................................................60 Technology Driven ..............................................................................................64 Sunrise Smart Banking .....................................................................................70 Online Account Opening ................................................................................. 72 Deposits ................................................................................................................... 75 Retail Banking ....................................................................................................... 76 Remittance .............................................................................................................. 77 Corporate Banking & Trade Payments ..................................................... 78 Macrofinace ............................................................................................................80 SME Banking ........................................................................................................... 81 Branchless Banking (BLB) .............................................................................. 82 C-ASBA .....................................................................................................................83 Mobile Banking .....................................................................................................83 QR (Quick Response) .......................................................................................84 EMI (Equated Monthly Installment) ..........................................................84 DMAT .........................................................................................................................85 FINANCIAL STATEMENTS Director's Report ............................................................................................. 88 Auditor's Report ..................................................................................................96 Financial Statement ...........................................................................................98 Disclosure under BASEL III .......................................................................... 193 Rating Information ........................................................................................... 196 Financial Highlights ..........................................................................................197 INVESTOR'S RELATIONSHIP Directive from Nepal Rastra Bank ............................................................210 Shareholders Enquiries And Communication ......................................211 Disclosure under Rule 26 ...............................................................................215 BANK'S PERFORMANCE Analysis .............................................................................................................220 Remittance Network ....................................................................................... 224 Correspondent Network ............................................................................... 226 Our Branch Network .......................................................................................230 ATM Locations ................................................................................................... 234 STRATEGIC REPORT CORPORATE GOVERNANCE RISK REVIEW CORPORATE SOCIAL RESPONSIBILITY HUMAN RESOURCE MANAGEMENT PRODUCTS & SERVICES FINANCIAL STATEMENTS INVESTOR’S RELATIONSHIP BANK’S PERFORMANCE STRATEGIC REPORT Sunrise Bank's secret of continued growth and success is it's highly diversified and well-balanced business model. Being among, the preferred banks in Nepal, we have always taken a proactive stance towards improving strategic alignment to drive stronger growth and deliver the highest returns on stakeholder value 2 SUNRISE BANK LIMITED ANNUAL REPORT | 2018-19 3 STRATEGIC REPORT CORPORATE GOVERNANCE RISK REVIEW CORPORATE SOCIAL RESPONSIBILITY HUMAN RESOURCE MANAGEMENT PRODUCTS & SERVICES FINANCIAL STATEMENTS INVESTOR’S RELATIONSHIP BANK’S PERFORMANCE line targets. We have always understood that Strategic supporting our ambitious plans will most certainly depend how well we manage our capital requirements now and in the future. Report Based on this premise, Bank has outstanding debenture worth NPR 1 Billion to augment the supplementary capital as well as to strengthen CCD Ratio. Furthermore, the bank has issued Sunrise Bank’s secret of continued growth 3 Billion Debenture and allotted as on 13th and success is its highly diversified and well- December 2019 after full subscription. balanced business model. Being among the We constantly question the status quo to preferred banks in Nepal, we have always taken find new and better ways to do things. With a proactive stance towards improving strategic fresh eyes, we seek out new ways to meet alignment to drive stronger growth and deliver customer needs and help shape their own the highest returns on stakeholder value.. path, through innovative products, insightful In the year under review, we embraced a advice and invigorating attitude. In doing broader performance-driven strategy to so, we have leveraged on innovation to build transform all key business verticals and support a fully integrated multi-channel banking services, and to sharpen their alignment with system that combines traditional and digital our vision to ‘Establish Sunrise Bank as a lead channels, giving rise to an unprecedented bank in all places of our branch locations and level of customer convenience. Innovation has nation-wide’. At the heart of our strategy is the helped us to simplify our procedures, reduce perfect blend of our corporate goals with the organizational layers and delegate more aspirations of stakeholders, which prompted decision making powers to branches, enabling us to leverage on four key levers; strengthen us to respond to customers’ needs faster than top line, enhance digital capability, boost core ever before. Meanwhile, amidst the growing capital and expand the bottom line. To grow risk of cyber security threats, we have begun the top line in 2018/19, we continued to orient to emphasize on innovation to preserve both ourselves more consistently towards Agri, customer privacy and data security. Retail and MSME customers in all core markets. At the same time, to strengthen our roots as a commercial bank, we adopted a two-pronged approach; firstly to increase our penetration and capture market share in selected retail segments and secondly to be the first-mover to promote unique, as well as structured solutions to capture the Retail and Corporate segment. Hand-in-hand with this volume driven strategy we enhanced digital capabilities, for which our IT transformation programme
Load more

Recommended publications
  • Sr. No. Boid Name Bankacnum Bankname Reject Reason 1
    ORIENTAL HOTELS LIMITED Dividend Rejected List as of 01 Nov, 2019 ( F.Y. 2073/074) Sr. No. BoId Name BankAcNum BankName Reject Reason 1 1301160000055735 AALOK SUBEDI 001-2049PY Century Commercial Bank Ltd.- Putalisadak (HO) Branch Account Doesnot Exists. 2 1301480000091404 AARJYA SHRESTHA 0550003841 Century Commercial Bank Limited.-Manbhawan Branch 2 Account Doesnot Exists. 3 1301390000034276 AAVISHKAR REGMI 00101000026431000002 Prabhu Bank Ltd.-Main Branch Account Name Mismatch. 4 1301120000542574 ABHISHEK BAGALE 008008009450 Sunrise Bank Ltd.-Kalimati Branch Account Doesnot Exists. 5 1301120000542574 ABHISHEK BAGALE 008008009450 Sunrise Bank Ltd.-Kalimati Branch Account Doesnot Exists. 6 1301220000008452 ABHUSANI BHUJU 00000000181110005343 Laxmi Bank Ltd.-Lagankhel Branch Account Doesnot Exists. 7 1301220000008452 ABHUSANI BHUJU 00000000181110005343 Laxmi Bank Ltd.-Lagankhel Branch Account Doesnot Exists. 8 1301120000037386 ABISHA KANSAKAR 01711100022841000001 Jyoti Bikash Bank Ltd.- Sundhara Branch Account Doesnot Exists. 9 1301070000007664 ACHYUT PRASAD PYAKHUEL 012005011206866 Everest Bank Ltd.-Pulchowk Branch Account Doesnot Exists. 10 1301070000007664 ACHYUT PRASAD PYAKUREL 012005011206866 Everest Bank Ltd.-Pulchowk Branch Account Doesnot Exists. 11 1301470000028980 ACHYUT RAJ KHANAL 17020600183647000001 NMB Bank Ltd.-Chabahil Branch Account Doesnot Exists. 12 1301470000028980 ACHYUT RAJ KHANAL 17020600183647000001 NMB Bank Ltd.-Chabahil Branch Account Doesnot Exists. 13 1301120000514941 ADHATA SHRESTHA 1114016890524002NPR NIC
    [Show full text]
  • COVID19 Reporting of Naukunda RM, Rasuwa.Pdf
    स्थानिय तहको विवरण प्रदेश जिल्ला स्थानिय तहको नाम Bagmati Rasuwa Naukunda Rural Mun सूचना प्रविधि अधिकृत पद नाम सम्पर्क नं. वडा ठेगाना कैफियत सूचना प्रविधि अधिकृतसुमित कुमार संग्रौला 9823290882 ६ गोसाईकुण्ड गाउँपालिका जिम्मेवार पदाधिकारीहरू क्र.स. पद नाम सम्पर्क नं. वडा ठेगाना कैफियत 1 प्रमुख प्रशासकीय अधिकृतनवदीप राई 9807365365 १३ विराटनगर, मोरङ 2 सामजिक विकास/ स्वास्थ्यअण प्रसाद शाखा पौडेल प्रमुख 9818162060 ५ शुभ-कालिका गाउँपालिका, रसुवा 3 सूचना अधिकारी डबल बहादुर वि.के 9804669795 ५ धनगढी उपमहानगरपालिका, कालिका 4 अन्य नितेश कुमार यादव 9816810792 ६ पिपरा गाउँपालिका, महोत्तरी 5 6 n विपद व्यवस्थापनमा सहयोगी संस्थाहरू क्र.स. प्रकार नाम सम्पर्क नं. वडा ठेगाना कैफियत 1 2 3 4 5 6 7 8 9 n ारेाइन केको ववरण ID ारेाइन केको नाम वडा ठेगाना केन्द्रको सम्पर्क व्यक्तिसम्पर्क नं. भवनको प्रकार बनाउने निकाय वारेटाइन केको मता Geo Location (Lat, Long) Q1 गौतम बुद्ध मा.वि क्वारेन्टाइन स्थल ३ फाम्चेत नितेश कुमार यादव 9816810792 विध्यालय अन्य (वेड संया) 10 28.006129636870693,85.27118702477858 Q2 Q3 Q4 Q5 Q6 Q7 Q8 Q9 Q10 Q11 Qn भारत लगायत विदेशबाट आएका व्यक्तिहरूको विवरण अधारभूत विवरण ारेाइन/अताल रफर वा घर पठाईएको ववरण विदेशबाट आएको हो भने मात्र कैिफयत ID नाम, थर लिङ्ग उमेर (वर्ष) वडा ठेगाना सम्पर्क नं.
    [Show full text]
  • Annual Report 2014/15 (English)
    ANNUAL REPORT 2014/15 Machhapuchchhre Bank Ltd., registered in 1998, is a commercial bank with a network of 56 branches, including an extension counter, located at major business centres of Nepal. It has 600 plus staff; it uses Globus banking software developed by Temenos NV, Switzerland. The Bank has been named after the famous peak, Machhapuchchhre (fish-tailed), located in the Himalayan range of western Nepal. The Bank has been promoted by renowned Non-Resident Nepalese, prominent businessmen and industrialists with a clear vision and commitment to provide a full range of financial services in the most efficient and professional manner. CONTENT Board of Directors 10 Products and Services 25 Chairman’s Statement 12 Head of Department 32 CEO’s Message 14 Auditor’s Report 34 Management Team 16 Financial Statement 36 Board of Directors’ Report 19 Branch Managers 87 6 Machhapuchchhre Bank Limited / Annual Report 2014/15 BANK’S OVERVIEW The Bank, which started its operation from 2000, During FY 2014-15, despite cut-throat competition offers complete banking solutions such as varieties of and a 7.8 magnitude earthquake that hit the deposit products, inward and outward remittance and country, the Bank increased its net profits by 35%, trade finance services, retail and consumer loans as loan portfolio by 17%, deposits by 19%, number of well as loans to SME, corporate houses, and varieties customers by 15%, simplified the service delivery of infrastructure and industrial projects. processes, becoming more techno-savvy, and building a stronger balance sheet. At the end of FY 2014-151, the Bank’s total assets stood at NPR 48.75 billion and total liabilities at NPR The bank also launched various loan products specially 44.77 billion; the bank has a customer base of more meant for small scale farmers, youths involved in small than 400,000.
    [Show full text]
  • 11 Amrit Banstola
    The Journal of Nepalese Business Studies Vol. IV No. 1 Dec. 2007 Prospects and Challenges of E-banking in Nepal Amrit Banstola ABSTRACT Financial Institutions are slowly moving from Brick and Mortar (Physical branches) to click and Brick (E-banking). ATM's are the most popular electronic delivery channel for banking services in Nepal. Only few customers are using internet banking facilities. Nepalese financial institutions till date have not faced any kind of electronic fraud or risk. Banks have basic security tools like firewall, lightening/power surge protection. But it is found that the some banks are in lack of having regular back up of website information and E-banking policy. Nepalese banks are using E-banking for their own convenience and for the purpose of retaining exiting customers. The cost analysis of most of the banks in Nepal is seems to be either inadequate or not applied due to their narrow space of business transaction or lack of sufficient tools. No significant correlation was found between use of E-bank- ing and gender, marital status or salary of customer. However, Use of E-banking signification asso- ciation was found with age and education. Keywords: E-banking, Tele-banking, PC Banking, Internet Banking, Mobile Banking Across the globe, but specifically in Nepal, current trend in private banking has been the consumer movement from traditional branch banking to more stand-alone banking. In other words, a move towards using e-delivery channels such as the Internet, telephone and mobile phones. Many banks are beginning to deliver credit and deposit products electroni- cally.
    [Show full text]
  • Pilot Study to Investigate a Participatory Approach for Roadside Protection of Rural Roads in Nepal
    Pilot Study to Investigate a Participatory Approach for Roadside Protection of Rural Roads in Nepal Final Pilot Study Report HELVETAS Swiss Intercooperation Nepal NEP2071D July 2020 For further information please contact: HELVETAS Swiss Intercooperation Nepal G.P.O. Box 688; Dhobighat, Lalitpur-3, Nepal Phone: 00977 1 5524926, 5544337, Fax: 00977 15531109 [email protected] , www.Nepal.helvetas.org London: ReCAP for DFID Project Management Unit London: ReCAP for DFID Project Management Unit Clarendon Business Centre42 Upper Berkeley Street, Marylebone, LondonW1H 5PW, United Kingdom The views in this document are those of the authors and they do not necessarily reflect the views of the Research for Community Access Partnership (ReCAP) or Cardno Emerging Markets (UK) Ltd for whom the document was prepared. Cover photo: Pilot study site 2 near Goganbote area of Marga, Dhankuta, Nepal Quality assurance and review table Version Author(s) Reviewer(s) Date 1 Pandey, Ghanshyam, M. Abedin 19.06.2020 (Editor: Allen, Richard) 2 Pandey, Ghanashyam (Editor: M. Abedin 14.07.2020 Branney, Peter) N. Leta 17.07.2020 3 Pandey, Ghanashyam, Acharya, M. Abedin 27.07.2020 Niraj (Editor: Branney, Peter) ReCAP Database Details: Pilot Study to Investigate a Participatory Approach for Roadside Protection of Rural Roads in Nepal Reference No: NEP2071D Location Nepal Source of Proposal N/A Procurement Method Full and Open Infrastructure Optimised use of material Theme Sub-Theme resources and environment Lead Implementation HELVETAS Nepal N/A Partner Organisation Organisation Total Approved Budget £555,364 Total Used Budget £511,719.66 Start Date 01/07/2017 End Date 30/06/2020 Report Due Date 31/05/2020 Date Received 31/05/2020 Table of Contents Table of Contents.............................................................................................................................................
    [Show full text]
  • Nepal National Association of Rural Municipality Association of District Coordination (Muan) in Nepal (NARMIN) Committees of Nepal (ADCCN)
    Study Organized by Municipality Association of Nepal National Association of Rural Municipality Association of District Coordination (MuAN) in Nepal (NARMIN) Committees of Nepal (ADCCN) Supported by Sweden European Sverige Union "This document has been financed by the Swedish "This publication was produced with the financial support of International Development Cooperation Agency, Sida. Sida the European Union. Its contents are the sole responsibility of does not necessarily share the views expressed in this MuAN, NARMIN, ADCCN and UCLG and do not necessarily material. Responsibility for its content rests entirely with the reflect the views of the European Union'; author." Publication Date June 2020 Study Organized by Municipality Association of Nepal (MuAN) National Association of Rural Municipality in Nepal (NARMIN) Association of District Coordination Committees of Nepal (ADCCN) Supported by Sweden Sverige European Union Expert Services Dr. Dileep K. Adhikary Editing service for the publication was contributed by; Mr Kalanidhi Devkota, Executive Director, MuAN Mr Bimal Pokheral, Executive Director, NARMIN Mr Krishna Chandra Neupane, Executive Secretary General, ADCCN Layout Designed and Supported by Edgardo Bilsky, UCLG world Dinesh Shrestha, IT Officer, ADCCN Table of Contents Acronyms ....................................................................................................................................... 3 Forewords .....................................................................................................................................
    [Show full text]
  • 35173-013: Third Small Towns Water Supply and Sanitation Sector Project
    Initial Environmental Examination Project Number: 35173-013 Loan Numbers: 3157 and 8304, Grant Number:0405 July 2020 Nepal: Third Small Towns Water Supply and Sanitation Sector Project - Enhancement Towns Project Prepared by the Government of Nepal for the Asian Development Bank This initial environmental examination is a document of the borrower. The views expressed herein do not necessarily represent those of ADB's Board of Directors, Management, or staff, and may be preliminary in nature. Your attention is directed to the “terms of use” section of this website. In preparing any country program or strategy, financing any project, or by making any designation of or reference to a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area. Updated Initial Environmental Examination July 2020 NEP: Third Small Towns Water Supply and Sanitation Sector Project – Phidim, Khandbari, Duhabi, Belbari, Birtamod DasarathChanda, Mahendranagar, Adarshnagar-Bhasi, Tikapur, Sittalpati, Bijuwar and Waling Enhancement Town Projects Prepared by Small Towns Water Supply and Sanitation Sector Project, Department of Water Supply and Sewerage Management, Ministry of Water Supply, Government of Nepal for the Asian Development Bank. Updated Initial Environmental Examination (IEE) of 12 Enhancement Small Town Projects Government of Nepal Ministry of Water Supply Asian Development Bank Updated Initial Environmental Examination (IEE) Of Phidim, Khandbari, Duhabi, Belbari, Birtamod, DasarathChanda, Mahendranagar, Adarshnagar-Bhasi, Tikapur, Sittalpati, Bijuwar, and Waling Enhancement Town Projects Submitted in July 2020 PROJECT MANAGEMENT OFFICE (PMO) Third Small Town Water Supply and Sanitation Sector Project Department of Water Supply and Sewerage Management Ministry of Water Supply Updated Initial Environmental Examination (IEE) of 12 Enhancement Small Town Projects Table of Contents ABBREVIATIONS EXECUTIVE SUMMARY 1.
    [Show full text]
  • Attitude Towards Tobacco Consumption Among Residents of Dhankuta Municipality of Nepal
    International Journal of Trend in Scientific Research and Development, Volume 1(4), ISSN: 2456-6470 www.ijtsrd.com Attitude towards tobacco consumption among residents of Dhankuta Municipality of Nepal Sah RB Jha N Associate Professor, School of Public Health and Professor & Chief, School of Public Health and Community Medicine, BPKIHS, Dharan, Nepal Community Medicine, BPKIHS, Dharan, Nepal ABSTRACT The use of tobacco is a major cause of preventable Keywords: Attitude, Tobacco consumption, mortality. The estimated number of smokers is 1.1 Residents, Dhankuta Municipality billion. Of these, 700 million men and 100 million women are in developing countries. The objective of Introduction this study was to find out attitude towards tobacco Tobacco use is one of the important preventable consumption among residents of Dhankuta causes of death and a leading public health problem Municipality. The cross-sectional study was all over the world. Tobacco kills one person every 6 conducted among the residents of Dhankuta seconds and causes one in ten deaths among adults Municipality where 205 households were taken as worldwide which amounts to more than 5 million subjects. Pretested semi-structured questionnaire was people a year. Second hand tobacco smoke is administered to the study subjects and face to face estimated to cause about 600,000 premature deaths interview was conducted. The collected data was word wide.1 entered in MS Excel 2000. The quantitative data was analyzed using Statistical Package for the Social Tobacco use is growing fastest in the low-income Sciences (SPSS) software package. The study subjects countries due to steady population growth coupled consist of 50.2% of male and 49.8% of female.
    [Show full text]
  • Sixty Years of Nepal Rastra Bank
    Sixty Years of Nepal Rastra Bank Nepal Rastra Bank Kathmandu, Nepal April 2018 ©Nepal Rastra Bank, 2018 Address Central Office Baluwatar, Kathmandu Nepal Telephone: 977 1 4410386 Fax: 977 1 4410159 Sixty Years of Nepal Rastra Bank Published: April 2018 ISBN: Printed by UDAYA PRINT MEDIA PVT. LTD. Baneshwor-10, Kathmandu Phone No.: 01-5172093 [email protected] All rights reserved. Reproduction for educational and non-commercial purposes is permitted provided that the source is acknowledged. An electronic copy of this book is available at www.nrb.org.np. Foreword Nepal Rastra Bank (NRB) was established as the central bank of the country on April 26, 1956. During its six-decade long journey, NRB has made a significant progress in monetary, foreign exchange, and financial sectors. This publication 'Sixty Yeears of Nepal Rastra Bank' has been commissioned to commemorate NRB's reaching its sixty-year milestone by taking a walk down the memory lane of the major course of actions taken, progression of institutional development and evolution of its major functions. During the span of six decades, besides responsibly carrying out the traditional central banking roles and responsibilities, NRB has remained a firm anchor, constantly providing the solid foundation for ensuring monetary and financial stability. Over the years, monetary management has been streamlined and strengthened while the financial sector has been expanded and consolidated. For undertaking such responsibilities, NRB has transformed its organizational structure and management process for catalyzing the opportunities and proactively mitigating the challenges. Nepal Rastra Bank has sought to devise and implement appropriate and timely policy measures to promote financial sector development, orient monetary management towards improving price, balance of payments, financial sector and exchange rate stability, as well as facilitating the overall development of the economy.
    [Show full text]
  • The Institute of Chartered Accountants of Nepal CA Member List from 2074-04-01 to 2075-03-21 Sno
    The Institute of Chartered Accountants of Nepal CA Member List From 2074-04-01 to 2075-03-21 SNo. M.No. Name Address Phone Email 1 1 KOMAL BAHADUR CHITRACAR P.O.Box: 2043, Lalitpur SMPC, Ward No. 1, K.B. 01 5528671 [email protected] Chitrakar & Co., Jwagal, Lalitpur. 2 2 TIRTHA RAJ UPADHYAYA 124 Lal Colony Margh Lal Durbar, Kathmandu 01 4470964,4410927 [email protected] 3 3 KAUSHALENDRA KUMAR SINGH 158\18 kha shreeram marga Battisputali kathmandu 01 4472463 4 4 GOPAL PRASAD RAJBAHAK battisputali-9 surya bikram marga kathmandu. 4470612 [email protected] 5 5 SUNDAR MAN SHRESTHA P.O.Box 3102, Sundarman & Co., Pulchowk, Lalitpur, 01 5521804 sundarmans@gmail,com House No. 20/8, Kathmandu. 6 6 KISHOR BANSKOTA 46, New Plaza Road, Putalisadak, Kathmandu. 01 5250354 [email protected] 7 7 DR. GOVINDA RAM AGRAWAL KMPC-33, Gyaneshwor, Shruti Marg, House No: 52, 01 4413117 Ktm. 8 8 SHASHI SATYAL 58 Amal Margh Gairidhara, Kathamandu 01 4444084 [email protected] 9 9 PRADEEP KUMAR SHRESTHA Pradeep & Co., Sanepa, Lalitpur, P.O.Box 12143, Ktm. 01 5551126 [email protected] 10 10 PRATAP PRASAD PRADHAN Sanepa, Lalitpur, 01 5551126 [email protected] 11 11 MADAN KRISHNA SHARMA CSC & Co, 175 Gairidhara Marga, Gairadhara, Ktm 014004580 [email protected] 12 14 JITENDRA BAHADUR RAJBHANDARY POB No. 23725, Sherpa Mall 2nd Floor, Durbar Marga 01 4228352, 4247177 [email protected] Kathmandu. 13 16 DHRUBA NARAYAN KARMACHARYA Kathmandu MPC, Ward No. 32, Saraswati Marga, 01 4602357 [email protected] Koteshwor, House No.
    [Show full text]
  • Stimulating Demand and Designing Financial Literacy Campaign to Increase Sustainable Access to Finance in Nepal
    STIMULATING DEMAND AND DESIGNING FINANCIAL LITERACY CAMPAIGN TO INCREASE SUSTAINABLE ACCESS TO FINANCE IN NEPAL Shriju Dhakal Rimal DAAYITWA SUMMER FELLOW 2016 WITH NEPAL RASTRA BANK List of figures…………………………………………………………………………………………………………. Pg. Figure 1: Growth of Financial Institutions…………………………………………………………………….4 Figure 2: Financial Inclusion…………………………………………………………………………………………6 Figure 3. Financial literacy strategy…………………………………………………………………………….10 List of Tables Table 1. Number of Branches of Banks anD Financial Institutions………………………………..5 Acknowledgement I woulD like to extenD my gratituDe to Daayitwa for giving me an opportunity to be part of the fellowship program anD Nepal Rastra Bank for allowing me to work unDer their guiDance. First of all, I woulD like to thank the Daayitwa team anD specially my mentors Manoj anD Prakriti who guiDeD me throughout the research. BesiDes I woulD also like to thank Mr. Trilochan Pangeni, Mr. Gunakar Bhatta, Mr. Bhubanesh Pant, Mr. Ram Hari Dahal, Mr. SuboDh Man Shrestha, Mr. Deepak Kc anD Mrs. Asmita Gorkhali. Their faith in me as a Daayitwa fellow anD willingness to help was instrumental for conDucting this research. BesiDes them, all the wonDerful anD supportive staff at NRB who were so welcoming. 2 Table of Contents Pg. 1.Introduction…………………………………………………………………………………………………………………1 1.1 BackgrounD………………………………………………………………………………………………………………….1 1.2 Rational anD Significance of the stuDy………………………………………………………………………….2 2.Methodology……………………………………………………………………………………………………………….3 3.Scenario of Financial Inclusion
    [Show full text]
  • Strengthening Municipal Finance for Sustainable Sanitation Service Delivery in Small Towns of South Asia Wateraid / Al-Emran Wateraid
    Strengthening Municipal Finance for Sustainable Sanitation Service Delivery in Small Towns of South Asia WaterAid / Al-Emran WaterAid Final Report 2021 This study was commissioned by WaterAid, coordinated by Partha Hefaz Shaikh, VR Raman, Govind Shrestha, Andrés Hueso, Vanita Suneja and Khairul Islam. The research for the study was carried out by Athena Infonomics. The research team included local consultants in each country (Reza Iftekhar Patwary and Shamima Aktar in Bangladesh, Bhitush Luthra in India and Rajan Raj Pandey in Nepal) supported by a central secretariat team consisting of Deepa Karthykey- an, Ramkrishna Paul and Maya Gainer. The team was supported by Sanjaya Adhikary in an advisory role. The research team is thankful to Guy Norman for editorial support and Niranjana Ramakrishnan for design support. We also thank the contribution made by the several individuals in the three countries who took part in the interviews and consultations during the field research. In particular, we would like to thank the Municipality officials across the six study towns and the teams who supported us with coordinating the field visits (team members from Bangladesh Association for Social Advancement and SNV Netherlands Development Organisation, Bangladesh for Sakhipur and Jhenaidah in Bangladesh; Administrative Staff College of India and Ernst & Young for Sircilla and Dhenkanal in India). Table of contents List of acronyms . 2 Executive summary. 3 Introduction. 5 Methodology . 6 Limitations of the study. 7 Setting the context. 8 Defining small towns . 8 Sanitation services in small towns. 9 Financing sanitation in small towns . 10 Common financing challenges . 12 Case studies . 15 01/ Jhenaidah, Bangladesh .
    [Show full text]