Sanima Bank Ltd.
Project disclaimer
Description
Sanima Bank is an “A” Class Commercial Bank registered in Kathmandu, Nepal and promoted by a diverse and prominent group of Non-Resident Nepalese (NRNs) businessmen, namely Arun Kumar Ojha, Tek Raj Niraula and Jiba Lamichhane, among others. The bank commenced operations in 2004 as a National Level Development Bank with the vision to mobilize resources for national development. The banks director base includes professionals with deep and diverse experience, particularly from banking and hydropower sectors. Tuk Prasad Poudel, the Chairperson of the bank has 3 decades of experience in hydropower and has worked in Nepal, Russia, Norway, Liberia and Afghanistan. Sanima Bank offers a wide range of banking products and financial services to corporate and retail customers through its 105 branches and 28 extension counters across 7 provinces in Nepal. Sanima’s shareholding is split between Promoters (51%) and the General Public (49%). The bank is listed on the Nepal Stock Exchange (XNEP:SANIMA), with a current marketcapitalisation of $251.8m as at 31/1/2024.
Other
Debt
Location
The country, countries or regions that benefit from this Programme.
Status Implementation
The current stage of the Programme, consistent with the International Aid Transparency Initiative's (IATI) classifications.
Programme Spend
Programme budget and spend to date, as per the amounts loaded in financial system(s), and for which procurement has been finalised.
Participating Organisation(s)
Help with participating organisations
Sectors
Sector groups as a percentage of total Programme budget according to the OECD Development Assistance Committee (DAC) classifications.
Budget
A comparison across financial years of forecast budget and spend to date on the Programme.