Company Overview of Himalayan Bank Ltd.

Himalayan Bank Ltd. reported unaudited earnings results for the second quarter ended January 13, 2013. For the quarter, the company reported interest income was INR 2,197,004,000 compared with INR 1,060,898,000 for the same period last year. Net interest income was INR 1,142,071,000 compared with INR 501,823,000 for the same period last year. Operating profit was INR 778,891,000 compared with INR 307,183,000 for the same period last year. Profit before bonus and taxes were INR 787,584,000 compared with INR 314,494,000 for the same period last year. Net profit was INR 500,388,000 compared with INR 200,133,000 for the same period last year. Return on equity was 20.50% compared with 15.73% for the same period last year. Return on assets was 1.80% compared with 1.44% for the same period last year.

Himalayan Bank Limited (HBL) and UnionPay have launched the UnionPay card acceptance Partnership. Through this launch, holders of UnionPay credit and debit card scan now use their cards at more than 900 HBL's own and 950 POS centers of its partner network (Alpine Cards). Similarly the card will be accepted at 72 ATMs of HBL and more than 1100 ATMs of its partner network (SCT). UnionPay entered this partnership with the aim of increasing convenience for about 3 billion UnionPay card members from China, Japan, Korea, Taiwan and other Asian countries who travel to Nepal.

Himalayan Bank Ltd. reported unaudited earnings results for the third quarter ended April 12, 2012. For the quarter, the company reported interest income was INR 3,444,020,000 compared with INR 2,258,020,000 for the same period last year. Net interest income was INR 1,280,864,000 compared with INR 792,772,000 for the same period last year. Total operating income was INR 1,952,141,000 compared with INR 1,240,407,000 for the same period last year. Operating profit was INR 887,063,000 compared with INR 530,203,000 for the same period last year. Profit before bonus and taxes were INR 896,073,000 compared with INR 534,266,000 for the same period last year. Net profit was INR 570,228,000 compared with INR 339,987,000 for the same period last year. Return on equity was 17.76% compared with 16.32% for the same period last year. Return on assets was 1.47% compared with 1.33% for the same period last year.