NIC Asia Bank excels in terms of loan recovery and asset quality
We make it clear that the news published on the issues related to the bank's corporate governance, loan quality, loan recovery situation and the board of directors and top management are completely fabricated and untrue.
KATHMANDU: The news published and circulated in some media about this NIC Asia Bank, which is practicing responsible banking by imbibing the slogan ‘A bank is also a friend, good is also ours’, has drawn serious attention to this bank.
We make it clear that the news published on the issues related to the bank’s corporate governance, loan quality, loan recovery situation and the board of directors and top management are completely fabricated and untrue.
This bank consistently ranks among the top in key indicators (operating profit, net profit, earnings per share, return on equity, inactive loan ratio, etc.) within commercial banks, demonstrating its exceptional status and being prominently featured in every quarterly report on overall performance, providing reliable information.
The bank’s unwavering commitment to upholding institutional governance, regulatory compliance, and efficient management of overall financial indicators, including the quality of loans and the status of loan recovery, along with the effectiveness of its board of directors and bank management, reaffirms its mission to become the foremost choice for all stakeholders, while ensuring transparency at every level, fostering unity, strength, and adaptability within its organizational structure, all aimed at safeguarding and promoting the interests of all stakeholders through constant dedication in thought, word, and deed.
