Vol. 1 – Issue 2
Civil Bank Quarterly Newsletter
NEWS
Civil Bank Introduces New Products
Civil Bank has introduced a replacement for its Civil Bank Bonanza Fixed Deposit, Utkrista Muddhati Patra and Ama Buwa
Muddhati Khata in the form of Civil Bank Nagarik Muddhati Patra and Civil Bank Time Deposit targeting individuals and
institutions. The Nagarik Muddhati Patra offers an attractive interest rate as well as 90% loan against the fixed deposit amount.
Time Deposit, which is a variation of a fixed deposit scheme, offers flexibility to the depositor.
Revision of Interest Rates
Civil Bank revised its interest rates on variety of saving accounts, fixed deposit accounts and various types of loan products as of
Chaitra 1, 2068. This revision has been done to be in tune with the current market conditions. Due to excess liquidity and
competition and in order to spur growth in lending the Bank has undertaken optimum level approach giving due consideration
to the volumes of loan, deposit and related interest rates.
Civil Bank holds its First Annual General Meeting
Civil
Bank
Limited
concluded its first Annual
General Meeting (AGM)
under the chairmanship
of the Chairman of the
Bank, Er. Ichchha Raj
Tamang on Poush 30,
2068, Saturday. The AGM
decided to continue with
the current Board of
Directors comprising of
Mr. Ambir Bogati, Mr.
Prakash Tayal, Ms. Juni
Gurung and Mr. Trimir
Maharjan
under
the
chairmanship
of
Er.
Ichchha Raj Tamang. A
copy of the minutes of
the AGM can be obtained
via the Bank’s official
website.
(http://www.civilbank.com.np/pdf/AGM%20Minute%20final.pdf)
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Civil Bank Bancassurance
Civil Bank has signed Bancassurance Agreement with PrimeLife Insurance on April 26, 2012 for the sale of life insurance products
to the customers of the Bank. The partnership provides the Bank’s individual customers a unique opportunity to purchase their
life insurance protection through their chosen Bank and enjoy the security and prompt services of the Bank.
Civil Bank ties up with Prabhu Money Transfer
Civil Bank and Prabhu Money Transfer have entered into an agreement to make inflow of remittance more secure and
convenient. The customers will have access to remittance service from any of the bank’s branches without hassle. Prabhu
Money Transfer has more than 1600 agents all over the country.
Installation of ATMs
Civil Bank has installed ATMs at various location of Bhat-Bhateni Super Market, the country’s biggest supermarket and
departmental store. The Bank installed 3 ATMs at Chuchepati (Bouddha), Koteshwor, and Krishna Galli (Pulchwok) with the
objective of providing customers the flexibility to withdraw money as and when required.
EVENTS/CORPORATE SOCIAL RESPONSIBILITY/SPONSORSHIPS
Civil Bank Defends Inter Bank Beach Cricket 2012 Title
In the Beach Cricket Tournament organized by Shangri-La Cricket Academy, Civil Bank triumphed once again and defended the
'Inter Bank Beach Cricket 2012' title. The event that was held from March 30 to March 31 at Riverside Spring Resort, Kurintar and
saw 10 teams participating in it. In the final match Civil Bank nonchalantly beat Sunrise Bank to take home the trophy.
The event was held in order to encourage team building (through team building exercises), networking in a friendly
environment and having fun at the same time.
First Anniversary Activities
To mark the Bank’s first anniversary and as part of its social responsibility, the CEO of the Bank, Mr. Kishore Maharjan,
distributed nutritious dairy products and other food items to children of the Nepal Children’s Organization (NCO), Naxal. In
addition to this the Bank fully sponsored food, boarding and tuition expenses of 3 orphans of Samaj Kalyan Bal Griha, Panchkhal.
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The sponsorship was funded through direct contribution of a day’s pay
from staff members of the Bank and matching contribution of this
amount from the Bank. The Bank intends to continue these types of
activities to help the disadvantaged and underprivileged and
contribute towards other worthy causes in the days to come.
Sponsorship of CAN Infotech 2012
Civil Bank Limited participated as the Official Bank in CAN Infotech 2012
organized by Computer Association of Nepal at Bhrikuti Mandap,
Kathmandu from January 26 to January 31. The event organized by
CAN aim to bring together national and international technological
solutions under a single umbrella for business, promotion, exhibition and transfer of knowledge. The Bank was the official
sponsor of the event.
Support to Nepal Squash Rackets Association
Civil Bank supported the Nepal Squash Rackets Association for successfully hosting the National Squash Tournament under the
6th National Games 2068 at the NSRA Academy, Satdobato. The event was held from 14th Falgun to 17th Falgun.
Joint Traffic Awareness Campaign
Civil Bank Limited as a part of its social responsibility contributed towards a traffic awareness campaign. Civil Bank assisted
Traffic Police Division, Durbar Marg in organizing a door-to-door awareness campaign to educate and inform people about
traffic regulations and safe driving techniques by distributing brochures.
Support to the initiative ‘My Blood Your Life’
As a responsible corporate citizen of the country, the Bank supported the blood donation program organized by Kipoo Luja
Club, Kirtipur under an initiative entitled “My Blood Your Life” held on 31st March, 2012 which aimed to ease the acute shortage
of blood for medical emergencies.
Preservation of Cultural Heritage
Civil Bank is dedicated to protect the culture and
heritage of the country. In this regard, the Bank
granted financial aid to Twa Bahal Sudhar Samiti,
Patan for renovation of temple premises. This included
aid for restoration of historic areas as well as for
ensuring ongoing public access and interaction by
visitors at the sites.
Besides the above, Civil Bank has wholly or partially sponsored events or items such as:
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“Commerce Industry Day 2068” organized by the Lalitpur Chamber of Commerce and Industry.
3rd KCM Girls on Wheels 2012 organized by Kathmandu College of Management (KCM).
Sponsorship of the 5th NEFTA FILM Award from Terai Television.
Sponsorship of T-Shirts for the Dakshin Barahi Shankadhar Youth Club.
Civil Bank Interest Rates
Deposit Rates
SAVINGS ACCOUNTS
FIXED DEPOSITS
Type of Deposit (LCY)
Civil Bank Mero Bachat Khata
Civil Bank Kishor Bachat Khata
Civil Bank Nari Bachat Khata
Civil Bank Ama Buwa Bachat Khata
Civil Bank Silver Saving Account
Civil Bank Gold Saving Account
Civil Bank Sansthapak Bachat Khata
Civil Bank Nagarik Muddhati Patra
Civil Bank Time Deposit
6 months
9 – 12 months
Civil Bank Fixed Deposit
30 days
90 days
1 year
Minimum Balance
Nil
NPR 1,000
NPR 1,000
NPR 10,000
NPR 10,000
NPR 50,000
NPR 50,000
NPR 100,000
NPR 5,000,000 &
Above
NPR 10,000
% Per Annum
8.00%
8.25%
8.25%
9.25%
9.00%
10.00%
10.00%
11.00%
7.00%
8.00%
8.00%
8.50%
10.50%
Lending Rates*
Type of Loan
Demand Loan
Export Finance
Overdraft
Term Loan
Short Term Pledge Loan
Importer's Loan
Deprived Sector Loan
Land Development Loan
Housing Development Loan
Margin Lending (against ordinary Shares of acceptable companies)
Other Loans
Type of Loan
Civil Bank Home Loan (HL)
i. Upto 5 years
ii. Upto 10 years
iii. Upto 15 years
iv. Upto 20 years
v. Upto 25 years
NOTE: For HL < 10.0 Million, 0.25% Rebate in
Interest Rate
Civil Bank Hire Purchase Loan
i. Consumer Vehicle
ii. Commercial Vehicle
iii. Heavy Equipment
iv. Other Equipment
% p.a.
13.50%
14.00%
14.50%
15.50%
16.00%
14.00%
16.00%
16.00%
15.00%
Prime Category (% p.a.)
14.00%
13.50%
15.00%
15.50%
14.50%
14.00%
12.00%
16.00%
15.50%
16.00%
18.00%
Type of Loan
Civil Bank SME Loan
i. Term Loan
ii. Working Capital Loan
Loan against Bank Guarantee ( ECAI )
Loan against Government Bonds
Loan against Civil FD
Loan against FCY Deposits
Bills Under LC Import
 Upto 15 days
 After 15 days
Penalty Interest
Current Account Debit Balance
(Maximum Rate)
Others (% p.a.)
16.00%
14.50%
16.00%
16.50%
16.00%
15.00%
-
% p.a.
15.00%
14.50%
Rated Bank: 14.50 %
14.00%
Plus 3.00 % (min. 13.00 %)
13.00%
TR Rate +3.00%
TR Rate +6.00%
Plus 3.00%
23.00%
*Conditions Apply
Civil Bank Personal Mortgage Loan
i. Up to NPR 5 million
ii. Above NPR 5 million
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16.00%
17.00%
Risk Control Department of Civil Bank
Globally C r e d i t R i s k m ak e s u p f o r more than 60% of total risk elements in Banks and Financial Institutions. Credit Risk is
simply defined as the potential that a Bank’s borrower or counterparty will fail to meet its obligations in accordance with agreed
terms due to the borrower being unwilling or unable to pay interest and/or repay the principal amount. The effective
management of Credit Risk is a critical component of a comprehensive approach to risk management and essential to the longterm success of any Banking Organization. Keeping such facts into consideration the Bank has established the Risk Control
Department in order to identify, measure, monitor and control credit risk. The Department is headed by Mr. Suman Acharya.
The Risk Control Department focuses on activities related to Credit Risk management of the Bank. This Department has been
reviewing the credit proposals and ensuring compliance of credit proposals in accordance with the Credit Manual, Bank’s Credit
Policy Guideline (CPG) and Directives of Nepal Rastra Bank. In addition to this, the Department has exclusive responsibility of
handling all proposals related to Credit Function of the Bank which are proposed by Branches/Corporate Credit and is the
gateway for the credit proposals from the Branches/Corporate Credit to reach the competent authorities for regular limits as
well as one off basis proposals.
The Department has been acting as a supportive, policy advisory, compliance and monitoring unit (decisions limited to credit
cases only) of the Competent Authority to ensure that decision taken in the light of Bank policies, rules and regulations are
implemented. In addition to this, the Department is functioning as an internal advisory on the formulation of policies, rules and
regulations pertaining to credit operations of the Bank. Further it has also been keeping the management updated with
composition of Loan Portfolio and Sectoral Exposure.
Civil Bank in Figures (As of End of 3rd Quarter 2068/069)
220:
10.78
Million
7.03
Billion:
Total Deposits
in NPR
10,656:
6.46
Billion:
Total Lending in
NPR
Number of
Customers
23.04
Liquidity Ratio
(%)
5
Number of Civil
Bank
Employees
500
Million:
Operating
Profit in NPR
20.04
Standing
Liquidity Ratio
(%)
Total
Investment in
T-Bills (NPR)
Human Resources Corner
Recent Joiners
In the three months (from Magh through Chaitra), there were 9 new faces in the Bank.
Ramita Shrestha
(Main Branch)
Pujita Malla
(Main Branch)
Ashish Bhandari
(Main Branch)
Rahat Thapa
(Corporate Credit)
Kritagya Shrestha
(Information Technology)
Abhishek Karki
(Biratnagar Branch)
Sabitri Tandukar
(Sundhara Branch)
Dilli Ram Timilsina
(Arughat Branch)
Shristy Bhandary
(Head Office)
BRANCH LOCATIONS
Head Office/Main Branch
Address: Classic Complex, Tindhara Road, Kamaladi, Kathmandu-31
Phone (P): 4169040, 4169030 | Fax (F): 4169038
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Barhabise, Sindhupalchok
P: 011-489283 / F: 011-489283
Dhading Besi, Dhading
P: 010-521068 / F: 010-521069
Birgunj Branch, Parsa
P: 051-529943 / F: 051-529746
Biratnagar, Morang
P: 021-441041 / Fax: 021-441043
New Road, Kathmandu
P: 01-4232291
Arughat, Gorkha
P: 061-622688
Pokhara, Kaski
P: 061-539767
Patan (Sundhara)
P: 01-5548682
Melamchi, Sindhupalchok
P: 9751042305
Bhairahawa, Rupendehi
P: 071-521161 / F: 071-521160
Baneshwor Branch, Kathmandu
(Upcoming)
Kirtipur Branch, Kathmandu
(Upcoming)