Swabalamban Laghubitta Bikas Bank Ltd.

 

Organization Name

Swabalamban Laghubitta Bikas Bank Ltd.

Chairperson

Mr. Nanda Ram Baidhya

Executive Director

Mr. Amraj Khadka

Contact Address

Swabalamban Laghubitta Bikas Bank Ltd.

Regd. office Janakpur, Dhanusa,Nepal

Phone:041-525054

 

Corporate office:

Maitighar Height, Kathmandu, Nepal

Phone: 977-01-4232229, 9751015366, 9751015367

Email: sb_bank@ntc.net.np / Swbbl@ntc.net.np

Website: www.slbbanknepal.com

Organizational Synopsis:

Swabalamban Laghubitta Bikas Bank Ltd. (SLB Bank) is a microfinance development bank. With the mission of delivering sustainable microfinance services at the doorstep of the deprived sector target societies, SLB Bank, was registered with the Company Registrar's Office as a limited company under the Companies Act, 2053 on October 5, 2001 (Aswin 19, 2058) and obtained license from Nepal Rastra Bank– the Central Bank of Nepal on January 3, 2002 (Poush 19, 2058) to operate the financial activities under Development Bank Act, 2052.

 

SLB Bank changed its name as Swabalamban Laghubitta Bikas Bank Ltd. (SLB Bank) on January 6, 2006 (Magh 10, 2062) under the Companies Act., 2005 (2062) and re-obtained license from Nepal Rastra Bank under Bank and Bittiya Sanstha Ordinance, 2005 (2062).

 

SLB Bank started its operation from January 14, 2002 (Magha 1, 2058). Bank's Registered (Central) Office is situated in Janakpur, Dhanusha, Nepal.

Organization Details

1

Legal Status

Micro Finance Development Banks

2

Established Date and Place

October 5, 2001, Dhanusha

3

Mission Statement

To uplift socio-economic condition of rural and urban disadvantaged poor by providing easy access to microfinance services.

4

Strategies and Interventions

a. Financial Services

b. Non-financial services

Financial Services: Micro Credit, Micro Loan, Micro Business, Housing Loan

Non Financial Services: Awareness raising and institution building, Pre-group training , Centre for Community Forum, Exposure Visit, Centre Management training, Refresher training:

5

District Covered

38

6

VDCs/Municipalities Covered

767

7

Branches

96

8

Centers

5,800

9

Self-Help Groups

31,462

10

Members (Households)

150,335

11

Population Served

866,257

12

Number of Borrowers

108,685

13

Total Staffs

498

14

Field Staffs

276

Loan Portfolio

1

Total Loan Disbursement

Rs. 12,600,941,709 (Rs. 1260 billion)

2

Total Loan Repaid

Rs. 10,760,500,691 (Rs. 1076 billion)

3

Loan Outstanding

Rs. 1,840,441,018 (Rs. 1840 billion)

4

Repayment Rate

99.62%

5

No. of Loan Outstanding

173752

Savings

1

Cummulative Mandatory Savings Collected

Rs. 511,403,216

2

Mandatory Savings Balance

Rs. 308,823,743

3

Cummulative Voluntary Savings Collected

Rs. 1,170,006,309

4

Voluntary Savings Balance

Rs. 475,487,760

5

Welfare Fund Balance (Included in Voluntary Saving Balance

Rs. 522,990,699

Performance Indicator

1

Total Field Staff

276

2

Center per Field Staff

21

3

Member per Field Staff

545

4

Borrower per Field Staff

394

5

Member per Centers

26

6

Borrowers per Centers

19

7

Loan Outstanding per Field Staff

Rs. 6,668,265

8

Average Volume of Loan per Borrower

Rs. 48,506

9

Average Loan Outstanding per Borrower

Rs. 32,623

10

Operational Self-Sufficiency

125%

11

Financial Self-Sufficiency

114%

Capacity Building

1

Pre Group Training

20,526

2

Pre Group Training (Participants)

243,868

3

Central Hall Construction

1570

4

Guardian Workshop

2018

5

Refresher Training

5088

6

Leadership Development Training

6,290

7

Public Auditing

303