Machhapuchchhre Bank Limited - Annual Report 2021-22

Sep 13, 2026

Uploaded by Blaney

Machhapuchchhre Bank Limited’s Annual Report 2021-22 presents the bank’s overview, mission, vision and core values, followed by strategies and performance for the fiscal year 2078-79. It describes how COVID-19 and a liquidity crisis constrained deposit growth and limited risk asset expansion versus budget. The report highlights net profit results, portfolio growth, deposit and loan mix, liquidity utilization, and impacts from NRB circulars on base rates and deposit caps, along with restrictions on LC openings. It also outlines priorities for FY 2079-80, including digital banking expansion, product improvement, and focused marketing.

LanguageEnglish

CategoryPresentations

FormatPDF

Pages236

Reading Time1 h 23 min

AccessFree to download

Bank’s Overview

Bank Strategies for the Forthcoming Year

Board of Directors

Chairman’s Statement

CEO’s Message

International Scenario

Country’s Economic Conditions

Bank’s Performance

Human Resources

Remittance Service

Priority Banking

Corporate Governance

Director’s Report

Risk Management

Corporate Social Responsibility

Products and Services

Technology

Financial Statement

Branch Network

AN NU AL REPORT 202 1-22 Machhapuchchhre Bank Limited was registered in 1998 as the first regional commercial bank from the western region of Nepal and started its banking operations from Pokhara since year 2000. Contents. 06 Bank’s Overview | 08 Bank Strategies for the Forthcoming Year | | --- | | 10 Board of Directors | | 13 Chairman’s Statement | | 17 CEO’s Message | | 20 International Scenario | | 22 Country’s Economic Conditions | | 23 Bank’s Performance | | 28 Human Resources | | 32 Remittance Service | | 33 Priority Banking | | 34 Corporate Governance | | 46 Director’s Report | | 60 Risk Management | | 76 Corporate Social Responsibility | | 82 Products and Services | | 88 Technology | | 93 Financial Statement | | 229 Branch Network | 6 MACHHAPUCHCHHRE BANK LIMITED Bank’s Overview. Machhapuchchhre Bank Limited was registered in 1998 as the first regional commercial bank from the western region of Nepal and started its banking operations from Pokhara since year 2000. The Bank facilitates it's customers' need by delivering the best of services in combination with the latest state of theart technologies and prudent international practices.The bank provides modern banking facilities such as Any Branch Banking, Internet Banking, Mobile Banking, Safe Deposit Locker facilities, Utility Bill payment (Telephone & Mobile), ATM (VISA Debit Cards) to its valued customers. Besides these, the Bank is providing 365 Days Banking and Evening Counter services to the customers through many of its offices. The Bank has been promoted by highly renowned NonResidential Nepalese, prominent businessman and industrialists with a vision and dedication to provide the best financial products and services in the most efficient and professional manner. Now with a paid up capital of over 10.25 billion rupees, 165 Branch Offices,133 Branchless Banking Units, 11 Extension Counters and 205 ATMs spread all across the country, it is oneof the full fledged national level commercial banks operating in Nepal. It takes pride in having its own buildings for its Head and Corporate Office in Lazimpat, and Branch offices in Naya Bazar, Pokhara, Jomsom, Baglung and Damauli. PROFIT GROWTH 36 % 175 BRANCHLESS BANKING UNITS VISION To become the bank of the first choice of the people. 1500 + NO. OF EMPLOYEES 203 ATM NETWORK MISSION To be one of the most preferred banks in Nepal, easily recognized as the bank which satisfies and cares for its customers through quality service, innovative products, professionalism and wide branch network, offering full array of financial services using modern technology and with good corporate governance practices. ANNUAL REPORT 2021-22 7 162 7 BRANCHES ACROSS THE COUNTRY EXTENSION COUNTERS CORE VALUES With the objective of supporting the transition from rule based to attitude based behavior, the Bank is functioning with the following ﬁve core values: INTEGRITY Highest level of integrity / absolute honesty in all the business conduct and dealings with customers, staff, regulators, and other stakeholders. ACCESSIBILITY Easy accessibility through traditional as well as modern means of communication. VALUE CREATION For shareholders, customers, employees and the nation. QUALITY SERVICE Through unmatched professionalism and excellent customer care. STEWARDSHIP OF RESOURCES With the feeling of ownership and accountability. 8 MACHHAPUCHCHHRE BANK LIMITED Bank Strategies for the Forthcoming Year. Fiscal year 2078-79 was a challenging year for the Bank, the COVID scenario was prevalent in the initial months and the overall market was severely hit by the liquidity crisis. ANNUAL REPORT 2021-22 9 Entire industry was focused only on deposit collection. Because of the constriction in deposit growth, the Bank was not able to increase its risk assets as per the budgeted figure. Despite all the challenges, the Bank’s sheer determination and dedica

FAQs

What challenges did the bank face in FY 2078-79?

The report states that COVID-19 and a liquidity crisis in the early months severely hit the market and constrained deposit growth.

How did deposit and loan growth contribute to overall portfolio growth?

In FY 2078-79, portfolio growth reached NPR 29.5 b, driven by NPR 15.6 b deposit growth and NPR 13.90 b loan growth, with fixed deposits and BG set as dominant segments.

What are the key priorities for FY 2079-80?

The bank plans to formulate more focused strategies through market analysis, sustain key performance and regulatory indicators, expand digital banking footprints, and improve products and services with targeted marketing.

Sep 13, 2026

Uploaded by Blaney