Advertisement
सबै सूचनाहरूAll announcements
आधिकारिक सूचनाOfficial AnnouncementFinancial Analysis
12 Aug, 2026
नारायणी डेभलपमेन्ट बैंकको चौथो त्रैमासिक वित्तीय विवरण

नारायणी डेभलपमेन्ट बैंकको चौथो त्रैमासिक वित्तीय विवरणNarayani Development Bank Fourth Quarter Financial Results

वर्ग:Category:
Financial Analysis
प्रकाशित मिति:Published:
Published on August 12, 2026
Particulars Group: This Quarter Ending Group: Immediate Previous Year Ending (Audited) Bank: This Quarter Ending
Assets
Cash and Cash Equivalent395,026,86994,264,515395,026,869
Due from Nepal Rastra Bank64,401,49558,147,27064,401,495
Placement with Banks and FIs---
Derivative Financial Instruments---
Other Trading Assets---
Loans and Advances to Banks and FIs---
Loans and Advances to Customers153,741,530187,845,771153,741,530
Investment Securities33,520,15939,153,36533,520,159
Current Tax Assets11,345,2502,241,57311,345,250
Investment in Subsidiaries---
Investment in Associates---
Investment Property36,132,13736,132,13736,132,137
Property and Equipment25,133,96540,763,03825,133,965
Goodwill and Intangible Assets3,987,9824,737,5013,987,982
Deferred Tax Assets13,929,84447,182,98513,929,844
Other Assets36,330,04215,506,66736,330,042
Total Assets773,549,274525,974,823773,549,274
Liabilities
Due to Banks and FIS---
Due to Nepal Rastra Bank---
Derivative Financial Instruments---
Deposit from Customers580,393,938449,675,444580,393,938
Borrowings---
Current Tax Liabilities---
Provisions---
Deferred Tax Liabilities---
Other Liabilities38,436,09651,039,55538,436,096
Debt Securities Issued---
Subordinated Liabilities---
Total Liabilities618,830,035500,714,999618,830,035
Equity
Share Capital524,993,055262,467,600524,993,055
Share Premium30,852,97710,101,37430,852,977
Retained Earnings(522,340,105)(468,543,224)(522,340,105)
Reserves121,213,313221,234,074121,213,313
Total Equity Attributable to Equity Holders154,719,24025,259,824154,719,240
Non Controlling Interest---
Total Equity154,719,24025,259,824154,719,240
Total Liabilities and Equity773,549,274525,974,823773,549,274

Condensed Consolidated Statement of Profit and Loss

As on Quarter ended 32nd Ashadh 2083

Particulars Group: Current Year This Quarter Group: Current Year Upto this Quarter (YTD) Group: Previous Year Corresponding This Quarter Group: Previous Year Corresponding Upto this Quarter (YTD) Bank: Current Year This Quarter Bank: Current Year Upto this Quarter (YTD)

Interest income6,545,11122,877,3216,271,21236,667,4736,545,11122,877,321
Interest expense6,889,46525,676,3656,842,15836,017,6506,889,46525,676,365
Net interest income(344,354)(2,799,044)(570,946)649,823(344,354)(2,799,044)
Fee and commission income267,812376,729115,004566,456267,812376,729
Fee and commission expense--36,01936,019--
Net fee and commission income267,812376,72978,985530,437267,812376,729
Net interest, fee and commission income(76,542)(2,422,315)(491,961)1,180,260(76,542)(2,422,315)
Net trading income------
Other operating income138,967304,2814,422,3715,984,252138,967304,281

Statement of Distributable Profit or Loss

As on Quarter ended 32nd Ashadh 2083

Amount in full figure

Particulars Amount

Net Profit for the period end Ashadh, 2083 (53,796,881)

Net profit or (loss) as per statement of profit or loss

Appropriations:

a. General reserve -

b. Foreign exchange fluctuation fund -

c. Capital redemption reserve -

d. Corporate social responsibility fund -

e. Employees' training fund -

f. Other -

Profit or (loss) before regulatory adjustment (53,796,881)

Regulatory adjustment (if any) -

Distributable profit or (loss) (53,796,881)

Ratio as per NRB Directives Third Quarter

As on Quarter ended 32nd Ashadh 2083

Group Bank

Current Year Previous Year Corresponding Current Year Previous Year Corresponding

This Quarter Upto this Quarter (YTD) This Quarter Upto this Quarter (YTD) This Quarter Upto this Quarter (YTD) This Quarter Upto this Quarter (YTD)

Capital Fund To RWA 29.41% 29.41% -7.84% -7.84% 29.41% 29.41% -7.84% -7.84%

Non Performing Loan (NPL) To Total Loan 48.49% 48.49% 50.97% 50.97% 48.49% 48.49% 50.97% 50.97%

Total Loan Loss provision To Total NPL 93.00% 93.00% 79.55% 79.55% 93.00% 93.00% 79.55% 79.55%

Total Loan Loss provision To Total Loan 45.00% 45.00% 40.55% 40.55% 45.00% 45.00% 40.55% 40.55%

Cost of Fund 4.74% 4.74% 6.25% 6.25% 4.74% 4.74% 6.25% 6.25%

Credit To Deposit Ratio 49.34% 49.34% 74.07% 74.07% 49.34% 49.34% 74.07% 74.07%

Base Rate 18.87% 18.87% 16.24% 16.24% 18.87% 18.87% 16.24% 16.24%

Interest Spread 3.76% 3.76% 4.50% 4.50% 3.76% 3.76% 4.50% 4.50%

Notes to NFRS Compliant Financial Statement

• The above financial statement has been prepared in accordance with Nepal Financial Reporting standards (NFRS) and in the format prescribed by Nepal Rastra Bank.

• Recognition of Impairment Charges on Loans and Advances

The Bank, following regulatory backstop as mentioned in Clause 16 of “NFRS 9- Expected Credit Loss Related Guidelines, 2024” has recognized impairment on credit exposures as the HIGHER of total ECL calculated as per NFRS 9 and existing regulatory provisions as mentioned in Unified NRB Directives No. 2.

Following is the details of impairment under both methods:

Particulars Amount

Total Impairment as per NRB 129,784,671.95

Total Impairment as per ECL 76,936,788.91

The higher of two above, i.e. Rs 129,784,671.95 has been taken in account for impairment loss on loan and advances for the reporting period.

Total operating income62,425(2,118,034)3,930,4107,164,51262,425(2,118,034)3,930,410
Impairment charge/(reversal) for loans and other losses(10,033,003)(4,687,882)30,143,748627,025(10,033,003)(4,687,882)30,143,748
Net operating income10,095,4282,569,848(26,213,338)6,537,48710,095,4282,569,848(26,213,338)
Operating expense-------
Personnel expenses6,261,60521,543,7545,014,19219,755,2356,261,60521,543,7545,014,192
Other operating expenses6,907,52721,042,4733,522,52918,635,0786,907,52721,042,4733,522,529
Depreciation & Amortization951,4935,621,5366,805,71311,033,446951,4935,621,5366,805,713
Operating Profit(4,025,198)(45,637,915)(41,555,773)(42,886,271)(4,025,198)(45,637,915)(41,555,773)
Non operating income9,8294,215,893--9,8294,215,893-
Non operating expense-12,374,8603,003,8784,960,147-12,374,8603,003,878
Profit before income tax(4,015,368)(53,796,881)(44,559,651)(47,846,418)(4,015,368)(53,796,881)(44,559,651)
Income tax expense-------
Current Tax-------
Deferred Tax--(122,155)(9,510,049)--(122,155)
Profit for the period(4,015,368)(53,796,881)(44,437,496)(38,336,369)(4,015,368)(53,796,881)(44,437,496)

Condensed Consolidated Statement of Other comprehensive income

As on Quarter ended 32nd Ashadh 2083 (Amount in NPR)

Particulars Group Current Year This Quarter Group Current Year Upto this Quarter (YTD) Group Previous Year Corresponding This Quarter Group Previous Year Corresponding Upto this Quarter (YTD) Bank Current Year This Quarter Bank Current Year Upto this Quarter (YTD) Bank Previous Year Corresponding

Profit or loss for the year (4,015,368) (53,796,881) (44,437,496) (38,336,369) (4,015,368) (53,796,881) (44,437,496)

Other comprehensive income

a) Items that will not be reclassified to Profit or loss

• Gains/(losses) from Investments in equity instruments measured at fair value(332,043)677,7922,229,2803,319,833(332,043)677,7922,229,280
• Gains/(losses) on revaluation-------
• Actuarial gains/(losses) on defined benefit plans-------
• Income tax relating to above items-(203,338)(668,784)(995,950)-(203,338)(668,784)
Net other comprehensive income that will not be reclassified to profit or loss(332,043)474,4551,560,4962,323,883(332,043)474,4551,560,496

b) Items that are or may be reclassified to profit or loss

• Gains/(losses) on cash flow hedge-------
• Exchange gains/(losses) (arising from translating financial assets of foreign operation)-------
• Income tax relating to above items-------
• Reclassify to profit or loss-------
Net other comprehensive income that are or may be reclassified to profit or loss-------
c) Share of other comprehensive income of associate accounted as per equited method-------
Other comprehensive income for the period, net of income tax(332,043)474,4551,560,4962,323,883(332,043)474,4551,560,496
Total comprehensive income for the period(4,347,411)(53,322,426)(42,877,000)(36,012,486)(4,347,411)(53,322,426)(42,877,000)
Basic earning per share(11.87)(11.87)(14.61)(14.61)(11.87)(11.87)(14.61)
Diluted earning per share(11.87)(11.87)(14.61)(14.61)(11.87)(11.87)(14.61)
Profit attributable to:
Equity holders of the Bank(4,347,411)(53,322,426)(42,877,000)(36,012,486)(4,347,411)(53,322,426)(42,877,000)
Non-controlling interest-------
Profit for the period(4,347,411)(53,322,426)(42,877,000)(36,012,486)(4,347,411)(53,322,426)(42,877,000)

and hence actuarial gain/loss has not been separately disclosed and will change as per actuary report.

The above figures are subject to change upon otherwise instruction from statutory auditors and/or regulatory authorities.

Detailed Financial Report is uploaded in the website of the bank (www.ndbl.com.np).

Previous period figures have been regrouped / rearranged/ restated wherever necessary.

धितोपत्रदर्ता तथा निष्काशन नियमावली २०७३ को अनुसूची - १४

(नियम २६ को उपनियम (१) सँग सम्बन्धित)

आ.व. २०८२/८३ को चौथो त्रैमासिक प्रतिवेदन

१. वित्तीय विवरण

• (क) त्रैमासिक अवधिको वासलात तथा नाफा नोक्सान सम्बन्धी विवरण यसै साथ संलग्न गरिएको छ ।

• (ख) प्रमुख वित्तीय अनुपातहरु :

प्रतिशेयर आम्दानी : रु (११.८७) मूल्य आम्दानी अनुपात : रु (६९.१९) प्रतिशेयर नेटवर्थ : रु ३४.१३

प्रतिशेयर कुल सम्पत्तिको मूल्य : रु २२१.०५ तरलता अनुपात : ८०.५३% पुँजीकोष अनुपात : २९.४१%

२. व्यवस्थापकीय विश्लेषण

• समीक्षा अवधिमा देशको आर्थिक गतिविधि तथा व्यवसायिक कारोवारमा देखिएको मन्दी, व्यवसायिक आत्मविश्वासमा देखिएको कमी आदीका कारणले गुणात्मक रुपमा नयाँ कर्जा लगानी वृद्धि हुन सकेको छैन । यद्यपी क्रमशः गुणस्तरीय कर्जाहरु वृद्धि हुँदै गएका छन् ।

• आगामी दिनहरुमा बैंकले व्यवसायिक योजनाका साथ दिगो संस्थागत विकासको लागि विश्वसनीय रुपमा गुणस्तरीय बैंकिङ्ग सेवा प्रदान गरी सरोकारवालाहरुको हित संरक्षण गर्दै जानेछ ।

• समीक्षा अवधिमा खराब कर्जाहरु अपेक्षित रुपमा घट्न नसकेतापनि क्रमिक रुपमा घट्दै गएका छन् । विभिन्न अराजक गतिविधि, धाकधम्की, अर्थतन्त्रमा आएको व्यवसायिक सुस्तता, स्थानिय निकायहरुको समन्वयमा देखिएको असहजता लगायतका कारणहरु विद्यमान रहेतापनि असुली कार्यलाई प्रभावकारी रुपमा अघि बढाईएकोले आगामी दिनमा व्यवहारिक एवम् कानूनी प्रक्रिया मार्फत खराब कर्जा क्रमिक रुपमा न्यूनीकरण गरिने लक्ष्य रहेको छ ।

३. कानूनी कारवाही सम्बन्धी विवरण

यस बैंकको मोबाईल बैंकिङ्ग प्रणालीको परिक्षणकालको समयमा ह्याकरले अनाधिकृत रुपमा रकमान्तर गरेको रकम कसुरदार बिरुद्धको बैंकिङ्ग कसुर सम्बन्धी मुद्दा, यस बैंकका एक ऋणीले बैंक विरुद्ध दर्ता गरेको धितो लिलाम बदर सम्बन्धी सर्वोच्च अदालतमा विचाराधिन मुद्दा, बैंकको कर्जा नतिर्ने विभिन्न ऋणीहरु विरुद्ध श्री ऋण असुली न्यायाधिकरणमा विचाराधिन मुद्दा र बैंकको संस्थापक/संचालकले बैंकको सण्डी डेर्टस बाट हिनामिना गरेको रकम सम्बन्धी सर्वोच्च अदालतमा विचाराधिन बैकिङ्ग कसुर सम्बन्धी मुद्दा रहेका छन् ।

४. संगठित संस्थाको शेयर कारोवार सम्बन्धी विश्लेषण

• यस संस्थाका शेयरहरु नेपाल स्टक एक्सचेन्जमा सूचिकृत भई कारोवार भइरहेको छ । शेयरको मूल्य तथा कारोवार बजारले निर्धारण गर्ने हुँदा यस संस्थाको व्यवस्थापन शेयरको मूल्य तथा कारोवार प्रति तटस्थ छ । तर प्रचलित कानून अनुसार लगानीकर्ता तथा सम्बन्धित निकायहरुलाई उपलब्ध गराउन पर्ने सूचना तथा जानकारी भने संस्थाले उपलब्ध गराएको छ ।

• यस विकास बैंकको त्रैमासिक अवधिमा शेयरको अधिकतम, न्यूनतम, अन्तिम मूल्य तथा कारोवार संख्या देहाय बमोजिम रहेको छ :

महिना कारोवार संख्या कारोवार रकम रु कारोवार भएको कुल दिन उच्च मूल्य न्युन मूल्य अन्तिम मूल्य

वैशाख३,००,६४२.००३४,५९,५२,०२६.१०२११,८३५.००८९०.००१२९३.००
जेठ१,१०,००९.००१०,०६,८९,०४६.४०१९१,५८९.१०८५२.००१०९८.००
असार३,६२,०७७.००२७,७६,७८,०६१.८०२४९१७.९०६९३.१०७९५.००

(source: www.nepalstock.com.np)

५. समस्या तथा चुनौतिहरु

क) आन्तरिक समस्या एवं चुनौतिहरु

  1. आम्दानीको अनुपातमा संचालन खर्चको बढी हुनुका कारण व्याजदर अन्तर कम हुनु ।
  2. कुल कर्जामा निष्क्रिय कर्जाको मात्रा बढी देखिएकाले सम्पत्तिको गुणस्तर एकैपटक सुधार हुन चुनौती रहेको ।
  3. लगानीका नयाँ क्षेत्रहरुको पहिचान गरी व्यवसाय बढाउनुपर्ने चुनौती ।
  4. ब्याज आम्दानीको अलावा अन्य आम्दानीको स्रोत कम हुनु ।
  5. सिपयुक्त दक्ष कर्मचारीको अभावले प्रतिस्पर्धात्मक कारोवारमा चुनौती ।
  6. संचालन जोखिम व्यवस्थापन खर्चिलो एवम् चुनौतीपूर्ण रहेको ।

ख) बाह्य समस्या एवं चुनौतिहरु

  1. बढ्दो प्रतिस्पर्धा, सूचना तथा प्रविधिको क्षेत्रमा देखिएका जोखिम तथा चुनौतीहरु ।
  2. बजारमा व्यावसायिक आत्मविश्वास वृद्धि हुन नसक्नुले देखिएको व्यावसायिक सुस्तता ।
  3. अधिक तरलताले भविष्यमा सृजना गर्नसक्ने चुनौतीहरु ।
  4. वित्तीय क्षेत्रमाथि हुने धाकधम्की, अफवाह, दुष्प्रचार लगायतका अराजक गतिविधि ।
  5. स्थानिय निकायहरु सँगको समन्वयमा देखिएको असहयोग एवम् असहजता लगायतका चुनौतीहरु ।
  6. रणनीति

बैंकले माथि उल्लेखित आन्तरिक एवम् बाह्य चुनौतीहरुका विषयमा सचेत भई सो बाट उत्पन्न हुन सक्ने जोखिमको विषयमा अध्ययन गरी नेपाल राष्ट्र बैंकको एकीकृत निर्देशन, विभिन्न समयमा जारी हुने परिपत्र, संस्थाको नीति, नियम तथा कार्यविधिको अधिनमा रही आवश्यक रणनीति तर्जमा गर्ने, न्यून लागत भएका दिगो निक्षेप लाई बढावा दिई व्याजदरलाई सन्तुलित राख्ने आवश्यक कदमहरु अवलम्बन गर्ने, संचालन खर्च न्यूनीकरण गर्न तर्फ सचेत रहने, बैंकको व्यवसाय अभिवृद्धि तथा शाखा संजाल बढाउदै उपयुक्त कर्मचारी भर्ना गर्ने, कार्यक्षमता वृद्धि गरी स्तरीय सेवा प्रदान गर्न तालिमहरु उपलब्ध गराउने तथा बैंक प्रति आवद्ध तथा प्रतिबद्ध राख्न यथोचित नीति अवलम्बन गरेको छ ।

७. संस्थागत सुशासन

बैंकले नेपाल राष्ट्र बैंकद्वारा जारी गरेको एकीकृत निर्देशनाहरूको पालना गर्नुका साथै लेखापरीक्षण समिति द्वारा संस्थागत सुशासन पालना भए नभएको सम्बन्धमा आवश्यक लेखाजोखा गर्ने गरिएको/साथै समय समयमा नेपाल राष्ट्र बैंकद्वारा हुने स्थलगत निरीक्षण, आन्तरिक तथा बाह्य लेखापरीक्षकको प्रतिवेदनको आधारमा संस्थागत सुशासनलाई सुदृढ बनाउन बैंक संचालक समिति प्रतिबद्ध रहेको छ ।

८. सत्य, तथ्यता सम्बन्धमा कार्यकारी प्रमुखको उदघोषण

आजका मिति सम्म यस प्रतिवेदनमा उल्लेखित जानकारी तथा विवरणहरुको सत्यताका सम्बन्धमा म व्यक्तिगत रुपमा उत्तरदायित्व लिन्छु । साथै म यो उदघोष गर्दछु की मैले जाने बुझेसम्म यस प्रतिवेदनमा उल्लेखित विवरणहरु सत्य, तथ्य र पूर्ण छन् र लगानीकर्ताहरुलाई सुसूचित निर्णय लिन आवश्यक कुनै विवरण, सूचना तथा जानकारीहरु लुकाइएको छैन ।

Particulars Group: This Quarter Ending Group: Immediate Previous Year Ending (Audited) Bank: This Quarter Ending
Assets
Cash and Cash Equivalent395,026,86994,264,515395,026,869
Due from Nepal Rastra Bank64,401,49558,147,27064,401,495
Placement with Banks and FIs---
Derivative Financial Instruments---
Other Trading Assets---
Loans and Advances to Banks and FIs---
Loans and Advances to Customers153,741,530187,845,771153,741,530
Investment Securities33,520,15939,153,36533,520,159
Current Tax Assets11,345,2502,241,57311,345,250
Investment in Subsidiaries---
Investment in Associates---
Investment Property36,132,13736,132,13736,132,137
Property and Equipment25,133,96540,763,03825,133,965
Goodwill and Intangible Assets3,987,9824,737,5013,987,982
Deferred Tax Assets13,929,84447,182,98513,929,844
Other Assets36,330,04215,506,66736,330,042
Total Assets773,549,274525,974,823773,549,274
Liabilities
Due to Banks and FIS---
Due to Nepal Rastra Bank---
Derivative Financial Instruments---
Deposit from Customers580,393,938449,675,444580,393,938
Borrowings---
Current Tax Liabilities---
Provisions---
Deferred Tax Liabilities---
Other Liabilities38,436,09651,039,55538,436,096
Debt Securities Issued---
Subordinated Liabilities---
Total Liabilities618,830,035500,714,999618,830,035
Equity
Share Capital524,993,055262,467,600524,993,055
Share Premium30,852,97710,101,37430,852,977
Retained Earnings(522,340,105)(468,543,224)(522,340,105)
Reserves121,213,313221,234,074121,213,313
Total Equity Attributable to Equity Holders154,719,24025,259,824154,719,240
Non Controlling Interest---
Total Equity154,719,24025,259,824154,719,240
Total Liabilities and Equity773,549,274525,974,823773,549,274

Condensed Consolidated Statement of Profit and Loss

As on Quarter ended 32nd Ashadh 2083

Particulars Group: Current Year This Quarter Group: Current Year Upto this Quarter (YTD) Group: Previous Year Corresponding This Quarter Group: Previous Year Corresponding Upto this Quarter (YTD) Bank: Current Year This Quarter Bank: Current Year Upto this Quarter (YTD)

Interest income6,545,11122,877,3216,271,21236,667,4736,545,11122,877,321
Interest expense6,889,46525,676,3656,842,15836,017,6506,889,46525,676,365
Net interest income(344,354)(2,799,044)(570,946)649,823(344,354)(2,799,044)
Fee and commission income267,812376,729115,004566,456267,812376,729
Fee and commission expense--36,01936,019--
Net fee and commission income267,812376,72978,985530,437267,812376,729
Net interest, fee and commission income(76,542)(2,422,315)(491,961)1,180,260(76,542)(2,422,315)
Net trading income------
Other operating income138,967304,2814,422,3715,984,252138,967304,281

Statement of Distributable Profit or Loss

As on Quarter ended 32nd Ashadh 2083

Amount in full figure

Particulars Amount

Net Profit for the period end Ashadh, 2083 (53,796,881)

Net profit or (loss) as per statement of profit or loss

Appropriations:

a. General reserve -

b. Foreign exchange fluctuation fund -

c. Capital redemption reserve -

d. Corporate social responsibility fund -

e. Employees' training fund -

f. Other -

Profit or (loss) before regulatory adjustment (53,796,881)

Regulatory adjustment (if any) -

Distributable profit or (loss) (53,796,881)

Ratio as per NRB Directives Third Quarter

As on Quarter ended 32nd Ashadh 2083

Group Bank

Current Year Previous Year Corresponding Current Year Previous Year Corresponding

This Quarter Upto this Quarter (YTD) This Quarter Upto this Quarter (YTD) This Quarter Upto this Quarter (YTD) This Quarter Upto this Quarter (YTD)

Capital Fund To RWA 29.41% 29.41% -7.84% -7.84% 29.41% 29.41% -7.84% -7.84%

Non Performing Loan (NPL) To Total Loan 48.49% 48.49% 50.97% 50.97% 48.49% 48.49% 50.97% 50.97%

Total Loan Loss provision To Total NPL 93.00% 93.00% 79.55% 79.55% 93.00% 93.00% 79.55% 79.55%

Total Loan Loss provision To Total Loan 45.00% 45.00% 40.55% 40.55% 45.00% 45.00% 40.55% 40.55%

Cost of Fund 4.74% 4.74% 6.25% 6.25% 4.74% 4.74% 6.25% 6.25%

Credit To Deposit Ratio 49.34% 49.34% 74.07% 74.07% 49.34% 49.34% 74.07% 74.07%

Base Rate 18.87% 18.87% 16.24% 16.24% 18.87% 18.87% 16.24% 16.24%

Interest Spread 3.76% 3.76% 4.50% 4.50% 3.76% 3.76% 4.50% 4.50%

Notes to NFRS Compliant Financial Statement

• The above financial statement has been prepared in accordance with Nepal Financial Reporting standards (NFRS) and in the format prescribed by Nepal Rastra Bank.

• Recognition of Impairment Charges on Loans and Advances

The Bank, following regulatory backstop as mentioned in Clause 16 of “NFRS 9- Expected Credit Loss Related Guidelines, 2024” has recognized impairment on credit exposures as the HIGHER of total ECL calculated as per NFRS 9 and existing regulatory provisions as mentioned in Unified NRB Directives No. 2.

Following is the details of impairment under both methods:

Particulars Amount

Total Impairment as per NRB 129,784,671.95

Total Impairment as per ECL 76,936,788.91

The higher of two above, i.e. Rs 129,784,671.95 has been taken in account for impairment loss on loan and advances for the reporting period.

Total operating income62,425(2,118,034)3,930,4107,164,51262,425(2,118,034)3,930,410
Impairment charge/(reversal) for loans and other losses(10,033,003)(4,687,882)30,143,748627,025(10,033,003)(4,687,882)30,143,748
Net operating income10,095,4282,569,848(26,213,338)6,537,48710,095,4282,569,848(26,213,338)
Operating expense-------
Personnel expenses6,261,60521,543,7545,014,19219,755,2356,261,60521,543,7545,014,192
Other operating expenses6,907,52721,042,4733,522,52918,635,0786,907,52721,042,4733,522,529
Depreciation & Amortization951,4935,621,5366,805,71311,033,446951,4935,621,5366,805,713
Operating Profit(4,025,198)(45,637,915)(41,555,773)(42,886,271)(4,025,198)(45,637,915)(41,555,773)
Non operating income9,8294,215,893--9,8294,215,893-
Non operating expense-12,374,8603,003,8784,960,147-12,374,8603,003,878
Profit before income tax(4,015,368)(53,796,881)(44,559,651)(47,846,418)(4,015,368)(53,796,881)(44,559,651)
Income tax expense-------
Current Tax-------
Deferred Tax--(122,155)(9,510,049)--(122,155)
Profit for the period(4,015,368)(53,796,881)(44,437,496)(38,336,369)(4,015,368)(53,796,881)(44,437,496)

Condensed Consolidated Statement of Other comprehensive income

As on Quarter ended 32nd Ashadh 2083 (Amount in NPR)

Particulars Group Current Year This Quarter Group Current Year Upto this Quarter (YTD) Group Previous Year Corresponding This Quarter Group Previous Year Corresponding Upto this Quarter (YTD) Bank Current Year This Quarter Bank Current Year Upto this Quarter (YTD) Bank Previous Year Corresponding

Profit or loss for the year (4,015,368) (53,796,881) (44,437,496) (38,336,369) (4,015,368) (53,796,881) (44,437,496)

Other comprehensive income

a) Items that will not be reclassified to Profit or loss

• Gains/(losses) from Investments in equity instruments measured at fair value(332,043)677,7922,229,2803,319,833(332,043)677,7922,229,280
• Gains/(losses) on revaluation-------
• Actuarial gains/(losses) on defined benefit plans-------
• Income tax relating to above items-(203,338)(668,784)(995,950)-(203,338)(668,784)
Net other comprehensive income that will not be reclassified to profit or loss(332,043)474,4551,560,4962,323,883(332,043)474,4551,560,496

b) Items that are or may be reclassified to profit or loss

• Gains/(losses) on cash flow hedge-------
• Exchange gains/(losses) (arising from translating financial assets of foreign operation)-------
• Income tax relating to above items-------
• Reclassify to profit or loss-------
Net other comprehensive income that are or may be reclassified to profit or loss-------
c) Share of other comprehensive income of associate accounted as per equited method-------
Other comprehensive income for the period, net of income tax(332,043)474,4551,560,4962,323,883(332,043)474,4551,560,496
Total comprehensive income for the period(4,347,411)(53,322,426)(42,877,000)(36,012,486)(4,347,411)(53,322,426)(42,877,000)
Basic earning per share(11.87)(11.87)(14.61)(14.61)(11.87)(11.87)(14.61)
Diluted earning per share(11.87)(11.87)(14.61)(14.61)(11.87)(11.87)(14.61)
Profit attributable to:
Equity holders of the Bank(4,347,411)(53,322,426)(42,877,000)(36,012,486)(4,347,411)(53,322,426)(42,877,000)
Non-controlling interest-------
Profit for the period(4,347,411)(53,322,426)(42,877,000)(36,012,486)(4,347,411)(53,322,426)(42,877,000)

and hence actuarial gain/loss has not been separately disclosed and will change as per actuary report.

The above figures are subject to change upon otherwise instruction from statutory auditors and/or regulatory authorities.

Detailed Financial Report is uploaded in the website of the bank (www.ndbl.com.np).

Previous period figures have been regrouped / rearranged/ restated wherever necessary.

Securities Registration and Issuance Rules 2073, Schedule - 14

(Related to Rule 26, Sub-rule (1))

Fourth Quarter Report of F.Y. 2082/83

1. Financial Statements

• (a) The balance sheet and profit & loss statement for the quarterly period are attached herewith.

• (b) Key Financial Ratios:

Earnings Per Share : Rs (11.87) Price Earnings Ratio : Rs (69.19) Net Worth Per Share : Rs 34.13

Value of Total Assets Per Share : Rs 221.05 Liquidity Ratio : 80.53% Capital Fund Ratio : 29.41%

2. Management Analysis

• During the review period, due to slowdown in economic activities and business transactions in the country, decline in business confidence, etc., qualitative growth in new loan investments could not take place. However, quality loans are gradually increasing.

• In the coming days, the bank will advance with business plans for sustainable institutional development, providing reliable quality banking services and protecting stakeholders' interests.

• Although non-performing loans could not decrease as expected during the review period, they are gradually declining. Despite existing factors such as various disruptive activities, threats, business slowdown in the economy, and difficulties in coordination with local bodies, recovery efforts have been effectively moved forward, targeting gradual reduction of NPLs through practical and legal processes in the coming days.

3. Details Regarding Legal Actions

Cases pending in the Supreme Court regarding banking offense against the perpetrator who made unauthorized money transfer during testing phase of the bank's mobile banking system; case pending in the Supreme Court filed by a borrower against the bank regarding cancellation of collateral auction; cases pending at Debt Recovery Tribunal against various defaulting borrowers; and case pending in the Supreme Court regarding banking offense related to misappropriation of funds from sundry debtors by founder/director of the bank.

4. Analysis Regarding Share Transactions of the Institution

• Shares of this institution are listed and traded on Nepal Stock Exchange. As market determines share price and transaction, the bank management remains neutral towards share price and trading. However, required information and notices under prevailing laws are provided to investors and relevant authorities.

• Maximum, minimum, closing price, and transaction volume of shares during the quarter are as follows:

Month Transaction Count Transaction Amount Rs Total Trading Days High Price Low Price Closing Price

Baisakh3,00,642.0034,59,52,026.10211,835.00890.001293.00
Jestha1,10,009.0010,06,89,046.40191,589.10852.001098.00
Ashad3,62,077.0027,76,78,061.8024917.90693.10795.00

(source: www.nepalstock.com.np)

5. Problems and Challenges

a) Internal Problems and Challenges

1. Narrow interest spread due to high operating expenses relative to income.

2. Challenge in improving asset quality all at once due to higher non-performing assets in total loans.

3. Challenge to identify new investment sectors to expand business.

4. Low sources of non-interest income.

5. Challenge in competitive transactions due to lack of skilled human resources.

6. Operational risk management being expensive and challenging.

b) External Problems and Challenges

1. Increasing competition, risks, and challenges in the field of information and technology.

2. Business slowdown due to inability to boost market business confidence.

3. Challenges created by excess liquidity in the future.

4. Unruly activities such as threats, rumors, and propaganda in the financial sector.

5. Challenges including non-cooperation and difficulties in coordination with local bodies.

6. Strategy

Being aware of the above internal and external challenges, the bank studies potential risks, formulates strategies under Nepal Rastra Bank's unified directives, circulars issued from time to time, and institutional policies and procedures, takes necessary steps to maintain balanced interest rates by promoting low-cost sustainable deposits, remains conscious of minimizing operating expenses, enhances bank business and branch network while hiring suitable staff, provides training to improve efficiency and deliver quality service, and adopts appropriate policies to keep staff engaged and committed.

7. Corporate Governance

The bank complies with unified directives issued by Nepal Rastra Bank, while the Audit Committee reviews compliance with corporate governance / additionally based on NRB's periodic onsite inspections, internal and external auditors' reports, the Board of Directors remains committed to strengthening corporate governance.

8. Declaration of Chief Executive Officer on Accuracy and Truthfulness

I personally take responsibility for the truthfulness of the details and information contained in this report up to today's date. I also declare that to the best of my knowledge and belief, the information mentioned in this report is true, factual, and complete, and no details, notices, or information necessary for investors to make informed decisions have been concealed.

Advertisement