About Bank SWIFT Codes Checker Tool
The tool is provided for informational purposes only. Whilst every effort is made to provide accurate data, users must acknowledge that this website
accepts no liability whatsoever with respect to its accuracy. Only your bank can confirm the correct bank account information. If you are making an important payment,
which is time critical, we recommend to contact your bank first.
SWIFT Code Bank used to Transfer fund to International banks. SWIFTCode Bank are provide the broadest coverage of national bank identifiers. SWIFT
Code is identifying Bank Country branches. SWIFT Code Bank is unique for each branch.
Search For A SWIFT Code
To find Swift Code, kindly select the country, bank & city where the bank is located. The Swift Code finder will display the result beneath the s
earch from. If for some reason, the search function is not working, kindly refresh this page.
Use our BIC / SWIFT code finder to look up a SWIFT code. Search by bank or country — or search for the SWIFT code of a particular bank branch. If you’ve already got a
code, you can use the BIC / SWIFT finder to check that it’s correct.
SWIFT Code Authority
SWIFT Code: The Society for Worldwide Interbank Financial Telecommunication (SWIFT) (also known as ISO 9362, SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) is a standard format of
Business Identifier Codes approved by the International Organization for Standardization (ISO). It is a unique identification code for both financial and non-financial institutions. (When
assigned to a non-financial institution, a code may also be known as a Business Entity Identifier or BEI.) These codes are used when transferring money between banks, particularly for
international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements. SWIFT and BIC codes are basically the same.
How To Find A Bank SWIFT Code
You can usually find your bank’s BIC or SWIFT code in your bank account statements. Or, you can use our BIC / SWIFT code finder.
Analysis of Financial Ratios
NIM (Net Interest Margin):
Net interest margin (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their (interest-earning) assets. Thus, it also has high correlation to interest spread and thus impacts profitability of the bank. NIM of Andhra Bank is 2.77 which is greater than the average of all public sector banks but less than average NIM of all banks in India. This indicates that the bank is doing well as compared to an average PSB in India but lagging among all banks in India.
COF (Cost of Funds):
Cost of funds for a bank is the average interest rate paid to depositors on financial products such as savings account, current account, and fixed deposits etc. Lower CoF is better for banks as it will increase profitability. COF of Andhra Bank is 7.13 which is poorer than the average among PSBs as well as poorer than average CoF of all banks.
Return on Advances:
Return on advances indicates the average interest rate at which the bank lends money to the borrowers. Higher return of advances is better for higher profitability of the bank (however, higher interest rates also indicate risky assests). So this ratio should be read along with NPA Ratio for better understanding about the bank.
Return on Equity (ROE):
Return on equity is the measure of bank's profitability. Higher the better. [RoE = Net Profit / Total Equity].
Capital to Risk-Weighted Assets Ratio (also known as Capital Adequacy Ratio is the ratio of bank's capital to its risk. This ratio is also monitored by RBI for all banks and higher value indicates higher stability for a bank. CRAR of Andhra Bank is 11.76 which is less than group average among PSBs and also less than average of all banks.
Non Performing Assets refer to loans that are in jeopardy of default. Once the borrower has failed to make interest or principal payments for 90 days the loan is considered to be a non-performing asset. Thus, NPA Ratio = [Non Perforing Assets/Total Assets]. Higher NPA Ratio indicates riskiness of the bank and losses as it may result in write downs. If you are investing in a bank, be aware to check this ratio carefully. NPA Ratio of Andhra Bank is 2.45 which is high and it is poorer than average NPA of PSBs as well as average NPA of all banks.