Sahayogi Vikas Bank Limited
Date : Sat September 23, 2017

About Sahayogi Vikas Bank Limited

Sahayogi Vikas Bank Limited is the 10th Development Bank of Nepal with its Head Office at Vidhyapati Chowk -4, Janakpurdham, Dhanusha, Nepal. It is incorporated under Company Act 2063 as ‘B’ Class Financial Institution. It started its full fledged commercial operations from 23rd October 2003 from its registered office at Vidhyapati Chowk-4 Janakpurdham. The shares of the bank are actively traded at Nepal Stock Exchange (NEPSE).

Objectives of the Bank:

  • To contribute the sustainable development of the country by mobilizing domestic savings and channeling them to productive and social areas –also giving special emphasis to the small scale transaction –holders who have lower access to technical services, input, credit and market.
  • To use the latest banking technology to provide better, reliable and efficient services at a reasonable cost and thus help to improve the cycle of low productivity, low surplus, low or no savings.
  • To facilitate trade by making financial transactions easier, faster and more reliable through relationship with money transfer agencies and Commercial Banks
  • To contribute the overall social development of Nepal by opening branches at the banking service needy areas.
  • To offer good working environment to the employees.

Vision of the Bank :

To become a significant contributor to the economic development of Nepal by distinguishing ourselves as an efficient, competitive and top quality financial institution.

Mission of the Bank :

To become the “Bank of Choice” by dedicating ourselves to the progress and growth of our institution for our community, customers, employees and stockholders by :

  • Promoting economic growth and becoming a caring corporate citizen.
  • Providing excellent customer services by offering personalized quality
  • Enhancing shareholder value.
  • Providing challenging career and learning opportunities for employees

Branch Network

As of FY 2072/73, the bank has all together 7 branches across the region.

Financial Achievement

At the end of FY 2068/69, bank had successful to collect a deposit of NPR 1398.2 million and was able to lend NPR 942.83 million of loans and advances. From this, bank had made an operating profit of NPR 50. million and Net Profit of NPR 31.56 million. Similarly in the FY 2069/70, bank has able to collect a deposit NPR.1629.1 million and able to lend NPR.1242.5 million. And now in the FY 2070/71, bank has able to collect a deposit NPR.1904.07 million and able to lend NPR. 1568.96 million.

Capital Structure

Authorized Capital : 300 Million

Paid up Capital : 201.46 Million

Capital Structure :-

  • Promoters : 51 percent (No of Promoters- 21)
  • Public : 49 percent (No of Individual- 921)
STOCK EXCHANGE
September 23, 2017
Nepal Stock Exchange Ltd.
Total Traded Amount :
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No. of Traded Shares :
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Closing Price :
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Foreign Exchange Rates
As on September 23, 2017

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