Message From CEO

Dear Valued Stakeholders,

Greetings!!

As we embark our journey towards a fiscal year  2081/82, I want to take a moment to express my heartfelt gratitude for your continued support and commitment towards Kamana Sewa Bikas Bank Limited. The past year has presented its challenges, but thanks to the unwavering trust of our customers, shareholders, regulators and efforts put by our dedicated staffs, we have achieved significant milestones in terms of Profit, Business Growth, NPL management and maintaining solid customer Base with due adherence to regulatory norms.

Previous year, despite being a stressful one, was the year where we managed to increase our market share in terms of deposit and lending. Non-Performing Loans ratio remained within our appetite level despite strict regulation from NRB. Our productivity per staff increased with increase in per staff deposit and per staff loan as compared to past year. Our Bank faced no such external or internal threat to significantly affect our going concern. We remained in news with our natural success stories like timely publication of financial reports, positive financial results, CSR activities, FLP programs etc. We managed to organize 34 FLP programs and 103 CSR programs in last year, proving our commitment to payback to society where we operate. I feel our staffs remained more motivated and more determined in terms of productivity and efficiency. We acknowledged the contribution made by them through first of the kind motivation and engagement programs across all regions. In addition, we have managed to implement industry-based digitization tools and measures to automate our business system. This year we became the first Bank in entire industry to launch the concept of Auction Hub to list our Auction/Non-Banking Property.

The joint goal and ambition which we had taken through Strategic Pillars of “Strategy 2084”, for maintaining stable loan and deposit business, minimizing non-performing loans with due adherence to regulatory norms with continuous support from our shareholders and motivated employees has proved our way for success. Our strategic breakdown i.e. “Roadmap 2080/81” proved to be effective for bank to proactively return from a defensive to prudent stage in our overall business strategy. I would like to thank all stakeholders those who have collectively put their effort for making this success happen.

Looking ahead, we are excited about the opportunities that lie before us. Our focus will remain on value driven banking, operational excellence, innovation and delivering exceptional return to our stakeholders. We are confident that with our dedicated team and strategic vision, we will navigate the evolving landscape and drive sustainable growth.

Paving the upcoming year’s direction through “Roadmap 2081/82”, we shall carry the theme of P-Q-R i.e. Prudent-Quality-Return for holistic growth. Our core focus area remains at these three areas in coming year. We shall primarily prioritize to cultivate a vibrant brand experience through customer satisfaction, healthy business growth, maintaining stakeholder’s relation and ultimately delivering best returns to our shareholders. For this we shall focus on maintaining optimum CASA mix, diversification of credit portfolio mix, strengthening the recovery process for stable NPL by utilizing our existing networks to deliver excellent customer service. Besides, as we grow bigger to create space for business growth and adequacy in capital, we shall explore for injection of alternate capital instruments with better financial planning and regulatory support.

Our commitment for effective risk management practices and maintaining compliant based culture continue to remain the priority of the time. Bank shall continue to promote compliant based, risk managed internal control system across all the segments with implementation of zero tolerance policy for non-compliance, fraud and serious breaches.

I also like to give appreciation to Bank’s Senior Management whose determination and stewardship has balanced the  growth and success path.

At last but not the least, my sincere thank goes to our Promoters, Shareholders and our current Board of Directors who continuously guide us, motivate us and empower us for betterment in every step of our banking journey. The experience, professionalism and guidance they bring into the table is commendable and we stand high because of them.

Thank you for being an integral part of KSBBL journey.

Together, we will shape a successful future and continue to achieve great things.

 

Happy Banking !!!!!