Kathmandu. Eight commercial banks and one infrastructure bank have published their annual reports for the last fiscal year 2078/79. After completing the annual general meeting of the last year, the banks have also passed the dividend.
Kumari Bank, Citizen Bank, NCC Bank, Global IME Bank, Bank of Kathmandu, Sanima Bank, Nepal Investment Bank, Mega Bank and Nepal Infrastructure Bank have completed their general meeting. These banks have published the annual report of last year. According to the published report, the banks have also mentioned the salary allowance service facility paid to the chief executive officers and senior management officers.
Employees of banks and financial institutions are considered as employees who get good salary facilities in Nepal. Compared to other jobs, the facilities in the banking sector are considered to be attractive and respect is good. On top of that, the chief executive officer (CEO) of the bank said that the pay-facilities and respect would be better. Banks and financial institutions are the main attraction among private sector jobs due to good service facilities and job security. The number of people who want to make a career in the banking sector is very large.
Various 8 banks have mentioned the salary given to the CEO in their annual report for the financial year 2078/79 based on the annual general meeting held recently. Let's see, what is the salary of the CEO of which bank?
Citizen Bank: Citizen Bank's Chief Executive Officer (CEO) Ganesh Raj Pokharel has received more than one and a half million salary allowances. The CEO said that Pokharel received 1 crore 76 lakh 30 thousand 776 rupees during one year.
Last year, CEO Pokharel received Rs 84 lakh as salary, allowance, Rs 60 lakh allowance and Dashain allowance Rs 950,000. According to the bank, they have taken his provident fund contribution of Rs.
The bank has paid 25 lakh 41 thousand rupees for the director's meeting fee. 3 crore 25 lakh 87 thousand 813 rupees as salary, allowances and facilities have been paid to other officials.
Kumari Bank: Kumari Bank has given a salary allowance of four crore rupees to the Chief Executive Officer (CEO). In the last financial year 2078/79, the bank has given salary allowance of Rs.3 crore 99 lakh 15 thousand 567
The bank paid CEO Rs 95 lakh 48 thousand 188 for salary, 16 lakh 87 thousand 711 for allowance, 9 lakh 54 thousand 818 for accumulation fund, 10 lakh 65 thousand 680 for Dashain allowance, 40 lakh 63 thousand 736 for leave, 2 lakh 43 thousand for gratuity. 362, 39 lakh 92 thousand 481 for bonus and 1 crore 83 lakh 59 thousand 588 for other titles.
According to the bank, the then head of Kamu Anujmani Timilsina (up to 24th of January 2078) has taken 3 crore 64 lakh 98 thousand. Ramchandra Khanal (up to Baisakh 13, 2079) realized 49 lakh 73 thousand rupees. According to Khanal, 43 lakh 25 thousand for salary, 3 lakh 58 thousand for festival allowance and 2 lakh 90 thousand rupees in other headings. In the last year, the bank has given salary allowance of 4 crore 54 lakh 38 thousand rupees to the managers.
The bank paid managers Rs 1.14 lakhs, 76 thousand 694 rupees for salary, allowances 35 lakhs 39 thousand 353 rupees, savings fund 11 lakhs 47 thousand 669 rupees, vehicle repair 56 lakhs 27 thousand 18 rupees, drug treatment (annual accumulated) 7 lakhs 27 thousand 783 rupees, Dashain 14 lakh 34 thousand, 986 for allowance, leave (annual and accumulated) 28 lakh 45 thousand 321, 26 lakh 57 thousand 344 for gratuity, employee bonus 50 lakh 98 thousand, 773 and others (voluntary leave payment) 1 crore 8 lakh 83 59,000 has been paid.
NCC Bank: NCC Bank has given salary and allowance facilities to Chief Executive Officer Ramesh Raj Aryal in the last financial year 2078/79. In the last financial year, the bank has paid Rs 3 crore 24 lakh 905 to other executive officers/managers. It is mentioned in the report that last year, the bank paid 16,000 rupees to the chairman and 14,000 rupees to the director as per the approval of Nepal Rastra Bank.
In the last year, a total of 1 crore 17 lakh 59 thousand 593 rupees has been paid to the members of the board of directors as meeting allowance 58 lakh 50 thousand, other expenses 59 lakh 9 thousand 593 rupees. It is mentioned in the report that apart from the meeting allowance, the bank provided 8 thousand rupees per month to the chairman and members of the board of directors for telephone and newspapers.
Global IME Bank: The Chief Executive Officer (CEO) of Global IME Bank, Ratnaraj Bajracharya, has received a salary allowance of Rs. He has received 75 lakh 96 thousand rupees for tabal, allowance 50 lakh 40 thousand, Dashai allowance 10 lakh 53 thousand, payment of leave receipt 10 lakh 53 thousand and savings fund 7 lakh 59 thousand 600 rupees.
Similarly, 49 lakh 76 thousand 334 rupees were given to the executive head as an employee bonus based on efficient work performance in the last year. He has been paid Rs 66,270 40 paise for telephone and mobile, Rs 55,413 for vehicle maintenance and Rs 2,58,874 33 paise for fuel facilities.
The bank has provided 242.2 million rupees 61 thousand 607 rupees to other officials up to the level of assistant managers as salary and allowance savings fund. The bank has said that fuel and mobile facilities have been provided as per the rules.
Bank of Kathmandu: Bank of Kathmandu has given a salary allowance of 1 crore 27 lakh 85 thousand 274 rupees to the Chief Executive Officer (CEO) in one year. The chief executive officer of the bank is Shravan Lal Maske.
The bank said that in the financial year 2078-79, the amount was given to the CEO as a salary allowance including provident fund, medical treatment, vehicle facilities, payment of mobile phone etc. The bank, which has given more than 1.5 million salary and allowances to the CEO, has paid 17 million 257 thousand 363 rupees as salary and allowances to other officials (managers or higher-ranking officials, but excluding the CEO). have taken
Sanima Bank : Sanima Bank has given more than 20 million salary allowance to the Chief Executive Officer (CEO). In the last financial year 2078/79, the bank has paid Rs.
In the year under review, Bhuvan Kumar Dahl, the CEO of the bank, has been working till January 11, 2078, and Nischal Raj Pandey has been working since January 12, 2078. During that period, the bank has paid Rs 4 crore 61 lakh to other officials. In the last financial year, the bank provided an allowance of 13,000 rupees per meeting to the Chairman of the Board of Directors and 12,000 per meeting to the directors.
Apart from that, the chairman and directors will be paid 12,000 rupees per month for newspaper, telephone, internet, etc. services. Apart from this, the bank has not provided any other facilities. According to the bank, 35 lakh 78 thousand rupees were paid to the members of the board of directors for the meeting allowance last year. According to the bank, these allowances and facilities were paid only by tax deductions according to the prevailing law.
In the last financial year, out of 2 billion 52 million rupees 746 thousand rupees, the management expenses of the bank were 1 billion 54 million rupees 94 million 9 thousand rupees for employee salaries, allowances and other benefits (including the provision of employee bonuses) and 97 million 13 million rupees 36 thousand rupees for other management expenses.
Nepal Investment Bank: Chief Executive Officer (CEO) of Nepal Investment Bank, Jyoti Prakash Pandey, has received more than 30 million salary allowances. In the last financial year 2078/79, the bank gave 30.6 million 34 thousand rupees to CEO Pandey for salary and allowances.
During the year, CEO Pandey received 16 million 76 thousand rupees for salary, 1 million 7 million 17 thousand rupees for allowance, 22 million 33 thousand rupees for tenth allowance and 16 million 8 thousand rupees for accumulation fund. According to the bank, in the case of the CEO, water, electricity and telephone bills, driver, fuel and vehicle maintenance are provided.
Last year, other executive officers and managers of the bank received 146 million 23 thousand rupees, allowance 10 million 14 million 93 thousand, Dashai allowance 1 million 97 million 96 thousand and savings fund 1 million 4 million 62 thousand rupees. There are 130 other executive officers and managers in the bank.
Mega Bank: Mega Bank has given salary allowance of around 3 crores to the Chief Executive Officer (CEO). In the last financial year, the bank has paid Rs 2 crore 94 lakh 91 thousand 625 as salary and allowance to the CEO.
The bank has paid 1 crore 49 thousand 766 rupees for salary, 19 lakh 42 thousand 893 rupees for allowance, 2 lakh 37 thousand 234 rupees for provident fund, 40 lakh 43 thousand 698 rupees for bonus and 3 lakh 75 thousand 375 rupees for fuel. The outgoing CEO of the bank, Anupama Khunjeli, left the bank on 1st Baisakh after 4 years of tenure.
Deputy Chief Executive Officer Raveena Deshraj Shrestha has been given the responsibility of permanent Chief Executive Officer effective from Baisakh 2. Similarly, the bank has given an allowance of 50 lakh 5 thousand 605 rupees to the directors for meeting allowance and 10 lakh 58 thousand 400 rupees for mobile phones and newspapers.
Nepal Infrastructure Bank: Nepal Infrastructure Bank has paid one and a half million rupees to the Chief Executive Officer (CEO) Ramrikshna Khatiwada last year.
The bank has paid 1 crore 48 lakh 99 lakh 149 rupees as salary, allowance and facilities to CEO Khatiwada in the last year. Similarly, in the last year, the bank has given 66 lakh 52 thousand 782 rupees to the Deputy Chief Executive Officer. The bank has given the said amount for last year's salary, allowance and facilities. Last year, the bank gave 1 crore 49 lakh 69 thousand 820 rupees to the deputy general managers and 2 crore 64 lakh 99 thousand 577 rupees to the managers.