Bank of Asia Nepal Limited

Update: The bank merged with NIC Bank on 30th June, 2013 and now operates as NIC Asia.

Established with a vision to be one of the preferred banks by growing together with all the stakeholders, Bank of Asia Nepal Limited was set up under the Companies Act 2063 as ‘A’ Class financial institution. The bank started its commercial operations in full swing from 12th October 2007 from its registered office at Tripureshwor, Kathmandu.

The bank was established with a mission to deliver a wide range of prompt and quality services in order to constantly achieve sound performance through collaborative partnership at all levels, high standards of governance, optimization of information technology and effective network. The bank has the paid-up capital of Rs 2 billion out of which seventy percent is from the promoters and the remaining thirty percent from the general public and also the shares of the bank are listed with Nepal Stock Exchange, NEPSE.

bank of asia

The bank has been providing its products and services to its customers through its twenty nine branches throughout the country, out of which fifteen are located inside the Kathmandu valley and the remaining fourteen outside the valley at different places in Nepal. The bank is pioneer in terms of introducing many innovative products and marketing concepts in the domestic banking sector and represents a milestone in the history of banking in Nepal. Its major objective has always been the customer satisfaction while doing business and the bank is also technologically driven progressive bank with brisk management and corporate governance culture.

The products and services offered by Bank of Asia Nepal Limited include remit khata, sulav bachat, sambridhi bachat, special saving schemes, fixed deposits, call deposit, BOA karmachari bachat khata, BOA nari shakti bachat khata, BOA shareholder’s account, BOA dhana barsa bachat khata, corporate banking, business banking, enterprise financial solutions, auto loan, home loan, loan against assets, online services, internet banking, standing instruction, cash and bills management, remittance and travel services, safety lockers, debit card, BOA-life insurance, mobile banking, yeti airlines e-ticketing and NTC bill payment.

The bank successfully merged with NIC bank limited on 30th June, 2013. The banks carry out their joint operations as NIC Asia Bank which was recognized as “Bank of the Year 2013-Nepal” by The Banker, Financial Times, UK.

For further information, contact:

Trade Tower, Thapathali – 11
Kathmandu, Nepal
P.O. Box: 11021
Tel No: + 977-1-5111177/5111179
Fax No: + 977-1-5111180
Toll Free No: 1660-01-77771