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आधिकारिक सूचनाOfficial AnnouncementFinancial Analysis
15 Aug, 2026
एनआईसी एशिया लघुवित्तको चौथो त्रैमासिक वित्तीय विवरण

एनआईसी एशिया लघुवित्तको चौथो त्रैमासिक वित्तीय विवरणNIC ASIA Laghubitta Q4 Interim Financial Report

वर्ग:Category:
Financial Analysis
प्रकाशित मिति:Published:
Published on August 15, 2026

Unaudited Interim Financial Statement

Condensed Statement of Financial Position

As on Quarter ended 32nd Asar 2083 (16th July 2026)

Amount in NPR

Particulars This Quarter Ending Immediate Previous Year Ending
Assets
Cash and Cash Equivalent3,366,698,8443,354,243,784
Statutory Balances and Due from Nepal Rastra Bank--
Placement with Bank & Financial Institutions--
Derivative Financial Instruments--
Other Trading Assets--
Loan and Advances to MFIs & Cooperatives--
Loans and Advances to Customers19,606,160,82717,563,809,135
Investment Securities12,888,00012,888,000
Current Tax Assets34,762,37982,456,131
Investment Property6,326,4663,746,466
Property and Equipment297,157,742251,961,683
Goodwill and Intangible Assets2,815,4382,510,390
Deferred Tax Assets494,742,403145,402,326
Other Assets105,653,017100,484,945
Total Assets23,927,205,11721,517,502,860
Liabilities
Due to Bank and Financial Institutions--
Due to Nepal Rastra Bank--
Derivative Financial Instrument--
Deposits from Customers3,103,569,1732,102,863,763
Borrowings18,458,549,32317,132,787,364
Current Tax Liabilities--
Provisions39,669,80439,669,804
Deferred Tax Liabilities--
Other Liabilities450,784,892133,279,352
Debt Securities Issued--
Subordinated Liabilities--
Total Liabilities22,052,573,19319,408,600,283
Equity
Share Capital1,739,440,0001,739,440,000
Share Premium--
Retained Earnings(955,805,483)(407,155,930)
Reserves1,090,997,407776,618,506
Total Equity1,874,631,9242,108,902,577
Total Liabilities and Equity23,927,205,11721,517,502,860

Statement Of Distributable Profit or Loss

For the Quarter Ended Asar 2083

(As per NRB Regulation)

Amount in NPR

Particular Current Year Upto This Quarter (YTD) Previous Year Corresponding Qtr YTD

Net profit or (loss) as per statement of profit or loss122,010,743(448,665,262)
Appropriations:
a. General reserve24,402,149-
b. Foreign exchange fluctuation fund--
c. Capital redemption reserve--
d. Corporate social responsibility fund1,220,107-
e. Employee Efficiency Development Fund--
f. Client Protection Fund2,440,215-
g. Other--
Profit or (loss) before regulatory adjustment93,948,272(448,665,262)
Regulatory adjustment :
a. Interest receivable (-)/previous accrued interest received (+)-(20,039,266)
b. Short loan loss provision in accounts (-)/reversal (+)--
c. Short provision for possible losses on investment (-)/reversal (+)--
d. Short loan loss provision on Non Banking Assets (-)/resersal (+)--
e. Deferred tax assets recognised (-)/ reversal (+)--
f. Goodwill recognised (-)/ impairment of Goodwill (+)--
g. Bargain purchase gain recognised (-)/resersal (+)--
h. Actuarial loss recognised (-)/reversal (+)--
i. Other--
Net Profit for the Quarter ended on Asar 208393,948,272(468,704,528)
Opening Retained Earning as on Shrawan 1 2082(407,155,930)60,048,598
Adjustment (+/-)(642,597,825)1,500,000
Distribution:
Bonus shares issued--
Cash Dividend Paid--
Total Distributable profit or (loss) as on Quater end Asar 2083(955,805,482)(407,155,930)
Annualised Distributable Profit/Loss per share(54.95)(23.41)

Notes :

1. The above financial statements are prepared in accordance with Nepal Financial Reporting Standard (NFRS) and certain Crave-outs issued by the ICAN. These figures may vary with the audited figures as per instructed by external auditors and regulators.

2. The Detailed Interim financial report has been published in our website.

3. Loans and Advances are presented net of impairment charges and includes staff loans.

4. Actuarial Valuation has not been done for Employee Benefits.

5. Personnel Expenses also include employee's bonus provision.

6. Previous Figures are regrouped/rearranged/restated wherever necessary for consistent presentation and comparison.

7. ECL Model has not been adopted for calculating impairment of Loans & Advances.

* Interest Rate on Loan and Advances: 12.16% to 15% & Deposits: 7.5%-9.5%

धितोपत्र दर्ता तथा निष्काशन नियमावली २०७३ को अनुसूची १४, नियम २६ को उपनियम (१) सँग सम्बन्धित

आ.व. २०८२/८३ को चौथो त्रैमासिक प्रतिवेदन (२०८३/०३/३२)

१. वित्तीय विवरण :

क) चौथो त्रैमासिक अवधिको वासलात तथा नाफा नोक्सान सम्बन्धी विवरण : यस वित्तीय संस्थाको चौथो त्रैमासिक अवधिको वासलात तथा नाफा नोक्सान सम्बन्धी विवरण यसै साथ संलग्न गरिएको छ ।

ख) प्रमुख वित्तीय अनुपातहरू :

प्रति शेयर आम्दानी मूल्य आम्दानी अनुपात प्रति शेयर नेटवर्थ प्रति शेयर कूल सम्पत्तिको मूल्य तरलता अनुपात

७.०१ (वार्षिकीकरण) ७७.२७ १०७.७७ १,३७५.७८ १८.०५

ग) सम्बन्धित पक्ष कारोबार :

एन आई सी एशिया बैंक लिमिटेडको सहायक कम्पनीको रुपमा रहेको यस संस्थाको कुल शेयर मध्ये ५७.७५% शेयर स्वामित्व एन आई सी एशिया बैंक लिमिटेडको रहेको छ । यस संस्थाको आर्थिक वर्ष २०८२/८३ को चौथो त्रयमास सम्ममा सम्बन्धित पक्ष कारोबार निम्न अनुसार रहेको छ ।

विवरण रकम रु.

एन आई सी एशिया बैंक लिमिटेडबाट शेयरमा लगानी १,००४,५००,०००.००

Amount in NPR

Particulars Current YearThis Quarter Current Year UptoThis Quarter (YTD) Previous Year CorrespondingThis Quarter Previous Year Corresponding UptoThis Quarter (YTD)
Interest Income823,673,8442,482,128,171547,989,5311,889,974,325
Interest Expense275,454,5951,079,837,980292,029,3161,138,052,545
Net Interest Income548,219,2501,402,290,191255,960,215751,921,780
Fee and Commission Income4,113,7268,411,8703,106,3325,164,700
Fee and Commission Expense72,885339,148(1,829,335)7,062,474
Net Fee and Commission Income4,040,8418,072,7224,935,668(1,897,774)
Net Interest, Fee and Commisssion Income552,260,0911,410,362,913260,895,883750,024,006
Net Trading Income----
Other Operating Income41,056,042137,578,73228,998,236103,251,827
Total Operating Income593,316,1331,547,941,645289,894,119853,275,832
Impairment Charge/(reversal) for Loans and Other Losses288,055,784418,706,587472,009,516406,780,602
Net Operating Income305,260,3501,129,235,057(182,115,397)446,495,231
Operating Expense221,405,807886,322,103266,004,630892,733,292
Personnel Expenses148,276,865621,627,995191,633,824632,483,055
Other Operating Expenses69,384,683251,917,13468,037,779231,712,506
Depreciation and Amortization3,744,25912,776,9746,333,02728,537,731
Operating Profit83,854,543242,912,954(448,120,027)(446,238,061)
Non-Operating Income2,897,5957,572,7621,253,2005,291,495
Non-Operating Expense8,487,89210,221,9463,005,4926,752,462
Profit before Income Tax78,264,246240,263,770(449,872,319)(447,699,027)
Income tax Expense63,169,505118,253,02691,448966,235
Current Tax63,169,505108,990,649--
Previous Year Tax-9,262,37791,448966,235
Deferred Tax----
Profit/loss for the period15,094,741122,010,743(449,963,767)(448,665,262)
Particulars Current YearThis Quarter Current Year UptoThis Quarter (YTD) Previous Year CorrespondingThis Quarter Previous Year Corresponding UptoThis Quarter (YTD)
Condensed Statement of Comprehensive Income
Amount in NPR
Profit or Loss for the Period15,094,741122,010,743(449,963,767)(448,665,262)
Other Comprehensive Income----
Total Comprehensive Income15,094,741122,010,743(449,963,767)(448,665,262)
Basic earnings per share-7.01-(25.79)
Annualized Basic earnings per share-7.01-(25.79)
Diluted earnings per share-7.01-(25.79)
Particulars Current Year This Quarter Current Year Upto This Quarter (YTD) Previous YearCorresponding This Quarter Previous YearCorresponding Upto This Quarter (YTD)
Ratios as per NRB Directive
Capital Fund to RWA--
Non-performing Loan (NPL) to Total loan--
Total Loan Loss Provision to Total NPL--
Cost of Funds--
Credit to Deposit & Borrowing Ratio--
Base Rate--
Interest Spread Rate--

एन आई सी एशिया बैंक लिमिटेडको खातामा रहेको रकम २,०७९,५२४,२८९.८८

एन आई सी एशिया बैंक लिमिटेडलाई ब्याज भुक्तानी ८८,७५९,४३२.४१

२. व्यवस्थापकीय विश्लेषण :

क) त्रैमासिक अवधिमा संस्थाको मौज्दात, आम्दानी र तरलतामा कुनै परिवर्तन भएको भए सो को प्रमुख कारण सम्बन्धी विवरण: चौथो त्रैमासिक अवधिमा यस संस्थाको आम्दानी गत आ.व.को समीक्षा अवधिको तुलनामा सन्तोषजनक रहेको छ । मौज्दात र तरलता पर्याप्त रहेको छ ।

ख) व्यावसायिक योजना सम्बन्धमा व्यवस्थापनको विश्लेषणात्मक विवरण : नेपाल राष्ट्र बैंकबाट “घ” वर्गको इजाजतपत्रप्राप्त राष्ट्रिय स्तरको यस वित्तीय संस्थाले स्थापनाकाल देखि नै वित्तीय पहुँच अभिवृद्धि गराई गरिवी न्यूनीकरण, ग्राहक सदस्यहरुको जीवनस्तरमा सुधार, वित्तीय समावेशीकरण बढाउन दृढ संकल्प लिई देशका ७ वटै प्रदेश अन्तर्गतका ७४ जिल्लाहरुमा २८७ वटा शाखा कार्यालय मार्फत २,७५,५८२ विपन्न घर परिवारहरुमा लघुवित्त सेवा प्रदान गरिरहेको छ । ग्राहक सदस्यहरुलाई वित्तीय साक्षरता कार्यक्रम, सीप तथा क्षमता अभिवृद्धि तथा विकासको लागि तालिम, विश्वसनीय कारोवारको लागि प्रविधिमैत्री सेवा सुविधाहरु प्रदान, सम्मानजनक व्यवहार र आचरण सहितका वित्तीय कारोवारको अभ्यासवाट ग्राहक सन्तुष्टि अभिवृद्धि गर्दै व्यवसाय विस्तार र वृद्धिको योजना तथा रणनीतिहरु तय गरी कार्य गरिरहेको छ ।

ग) विगतको अनुभवबाट संगठित संस्थाको मौज्दात, नाफा वा नगद प्रवाहमा असर पर्न सक्ने घटना आदि भएमा सो सम्बन्धी विश्लेषणात्मक विवरण : बहुबैंकिङ्ग, अस्वस्थ प्रतिस्पर्धा र आर्थिक गतिविधिहरूमा आएको शिथिलता लगायतका अन्य बाह्य वातावरणीय प्रभावहरूको कारण ग्राहकहरुबाट कर्जाको किस्ता भुक्तानीमा समस्या भएको कारणले आ.व. २०८२/८३ को चौथो त्रैमासको कर्जा असूली र नाफा नोक्सानमा प्रतिकुल असर परेको छ ।

३. कानूनी कारवाही सम्बन्धी विवरण :

क) यस अवधिमा संस्थाले वा संस्थाको विरुद्ध कुनै मुद्दा दायर भए नभएको : यस अवधिमा संस्थाको सामान्य व्यावसायिक कारोवार सम्बन्धी मुद्दा बाहेक व्यवसायमा तात्त्विक असर पर्ने गरी संस्थाबाट वा संस्थाको विरुद्ध कुनै मुद्दा दायर नभएको ।

ख) संस्थाको संस्थापक वा सञ्चालकले वा संस्थापक वा सञ्चालकको विरुद्धमा प्रचलित नियमको अवज्ञा वा फौजदारी अपराध गरेको सम्बन्धमा कुनै किसिमको मुद्दा दायर भए नभएको : कुनै जानकारी प्राप्त नभएको ।

ग) कुनै संस्थापक वा सञ्चालक विरुद्ध आर्थिक अपराध गरेको सम्बन्धमा कुनै मुद्दा दायर भए नभएको : कुनै जानकारी प्राप्त नभएको ।

४. वित्तीय संस्थाको शेयर कारोवार तथा प्रगतिको विश्लेषण :

क) धितोपत्र बजारमा भएको वित्तीय संस्थाको शेयरको कारोवार सम्बन्धमा व्यवस्थापनको धारणा : दोस्रो बजारमा हुने शेयर कारोवारको मूल्य खुल्ला बजारले निर्धारण गरे अनुरुप हुने व्यवस्थापनको धारणा रहेको छ ।

ख) यस त्रैमासिक अवधिको शेयरको अधिकतम, न्यूनतम, अन्तिम मूल्य, कारोवार भएको कुल दिन तथा कारोवार संख्या :

अधिकतम मूल्य ६१८ न्यूनतम मूल्य ५२७ अन्तिम मूल्य ५४२ कारोवार संख्या ५,७७४ कारोवार दिन ६४

५. समस्या तथा चुनौती :

प्रमुख चुनौतीहरु तल उल्लेख गरिए अनुसार रहेको छ ।

आन्तरिक

क) बढ्दो निष्क्रिय कर्जा ।

ख) दक्ष जनशक्तिको अभाव ।

ग) बढ्दो सञ्चालन लागत ।

घ) कार्य क्षेत्रको भौगोलिक विकटताले उत्पादकत्वमा परेको असर ।

बाह्य

क) आर्थिक मन्दीको कारण ग्राहकहरुको कृषि, व्यापार, व्यवसाय र रोजगारीमा परेको प्रत्यक्ष प्रभाव ।

ख) नियामकीय निती तथा नियममा आउन सक्ने परिवर्तनहरु ।

ग) बहुबैंकिङ्ग र अस्वस्थ प्रतिस्पर्धा ।

घ) राजनैतिक, गैर राजनैतिक र सामाजिक परिदृश्य ।

रणनीतिहरु:

क) कर्मचारीहरुको कार्य क्षमता अभिवृद्धिमा जोड दिने ।

ख) कर्जा गुणस्तर सुधारमा जोड दिने ।

ग) संस्था र ग्राहक बीचको सम्वन्धलाई मुख्य प्राथमिकतामा राखी कार्य गर्ने ।

घ) संस्थाको पूँजीकोष वृद्धिमा केन्द्रित हुने ।

ङ) (Resource Optimization) खर्चमा मितव्ययिता अपनाउने ।

६. संस्थागत सुशासन :

संस्थागत सुशासनलाई सदैव उच्च प्राथमिकता दिने नीति अनुसार श्री नेपाल राष्ट्र बैंकद्वारा जारी संस्थागत सुशासन सम्बन्धी व्यवस्था अनुरुप संस्थाका सञ्चालक समिति तथा व्यवस्थापनमा कार्यरत सम्पूर्ण कर्मचारीहरू, आफ्ना शेयरधनीहरु, सर्वसाधारण निक्षेपकर्ताहरु लगायत सम्पूर्ण सरोकारवालाहरुको हितलाई सदैव उच्च प्राथमिकतामा राखी संस्थागत सुशासन कायम राख्न नियामक निकायहरुका व्यवस्थाहरुको पूर्णरुपमा पालना एवं कार्यान्वयनको लागि संस्था सदैव सजग र प्रतिबद्ध रहेको छ ।

७. सत्य तथ्यता सम्बन्धी कार्यकारी प्रमुखको उद्घोषण :

यस प्रतिवेदनमा उल्लेखित जानकारी तथा विवरणहरुको शुद्धता सम्बन्धमा मैले जाने बुझेसम्म सत्य, तथ्य र पूर्ण छन् । लगानीकर्ताहरुलाई सुसूचित निर्णय लिन आवश्यक कुनै विवरण, सूचना तथा जानकारीहरु नलुकाईएको उद्घोष गर्दछु ।

Unaudited Interim Financial Statement

Condensed Statement of Financial Position

As on Quarter ended 32nd Asar 2083 (16th July 2026)

Amount in NPR

Particulars This Quarter Ending Immediate Previous Year Ending
Assets
Cash and Cash Equivalent3,366,698,8443,354,243,784
Statutory Balances and Due from Nepal Rastra Bank--
Placement with Bank & Financial Institutions--
Derivative Financial Instruments--
Other Trading Assets--
Loan and Advances to MFIs & Cooperatives--
Loans and Advances to Customers19,606,160,82717,563,809,135
Investment Securities12,888,00012,888,000
Current Tax Assets34,762,37982,456,131
Investment Property6,326,4663,746,466
Property and Equipment297,157,742251,961,683
Goodwill and Intangible Assets2,815,4382,510,390
Deferred Tax Assets494,742,403145,402,326
Other Assets105,653,017100,484,945
Total Assets23,927,205,11721,517,502,860
Liabilities
Due to Bank and Financial Institutions--
Due to Nepal Rastra Bank--
Derivative Financial Instrument--
Deposits from Customers3,103,569,1732,102,863,763
Borrowings18,458,549,32317,132,787,364
Current Tax Liabilities--
Provisions39,669,80439,669,804
Deferred Tax Liabilities--
Other Liabilities450,784,892133,279,352
Debt Securities Issued--
Subordinated Liabilities--
Total Liabilities22,052,573,19319,408,600,283
Equity
Share Capital1,739,440,0001,739,440,000
Share Premium--
Retained Earnings(955,805,483)(407,155,930)
Reserves1,090,997,407776,618,506
Total Equity1,874,631,9242,108,902,577
Total Liabilities and Equity23,927,205,11721,517,502,860

Statement Of Distributable Profit or Loss

For the Quarter Ended Asar 2083

(As per NRB Regulation)

Amount in NPR

Particular Current Year Upto This Quarter (YTD) Previous Year Corresponding Qtr YTD

Net profit or (loss) as per statement of profit or loss122,010,743(448,665,262)
Appropriations:
a. General reserve24,402,149-
b. Foreign exchange fluctuation fund--
c. Capital redemption reserve--
d. Corporate social responsibility fund1,220,107-
e. Employee Efficiency Development Fund--
f. Client Protection Fund2,440,215-
g. Other--
Profit or (loss) before regulatory adjustment93,948,272(448,665,262)
Regulatory adjustment :
a. Interest receivable (-)/previous accrued interest received (+)-(20,039,266)
b. Short loan loss provision in accounts (-)/reversal (+)--
c. Short provision for possible losses on investment (-)/reversal (+)--
d. Short loan loss provision on Non Banking Assets (-)/resersal (+)--
e. Deferred tax assets recognised (-)/ reversal (+)--
f. Goodwill recognised (-)/ impairment of Goodwill (+)--
g. Bargain purchase gain recognised (-)/resersal (+)--
h. Actuarial loss recognised (-)/reversal (+)--
i. Other--
Net Profit for the Quarter ended on Asar 208393,948,272(468,704,528)
Opening Retained Earning as on Shrawan 1 2082(407,155,930)60,048,598
Adjustment (+/-)(642,597,825)1,500,000
Distribution:
Bonus shares issued--
Cash Dividend Paid--
Total Distributable profit or (loss) as on Quater end Asar 2083(955,805,482)(407,155,930)
Annualised Distributable Profit/Loss per share(54.95)(23.41)

Notes :

1. The above financial statements are prepared in accordance with Nepal Financial Reporting Standard (NFRS) and certain Crave-outs issued by the ICAN. These figures may vary with the audited figures as per instructed by external auditors and regulators.

2. The Detailed Interim financial report has been published in our website.

3. Loans and Advances are presented net of impairment charges and includes staff loans.

4. Actuarial Valuation has not been done for Employee Benefits.

5. Personnel Expenses also include employee's bonus provision.

6. Previous Figures are regrouped/rearranged/restated wherever necessary for consistent presentation and comparison.

7. ECL Model has not been adopted for calculating impairment of Loans & Advances.

* Interest Rate on Loan and Advances: 12.16% to 15% & Deposits: 7.5%-9.5%

Related to Schedule 14, Rule 26 Sub-rule (1) of Securities Registration and Issue Regulation 2073

Fourth Quarter Report of F.Y. 2082/83 (2083/03/32)

1. Financial Statements :

a) Fourth Quarter Balance Sheet and Profit and Loss Details : The Balance Sheet and Profit and Loss statement of this financial institution for the fourth quarter period has been attached herewith.

b) Major Financial Ratios :

Earnings Per Share Price Earnings Ratio Net Worth Per Share Total Assets Value Per Share Liquidity Ratio

7.01 (Annualized) 77.27 107.77 1,375.78 18.05

c) Related Party Transactions :

As a subsidiary company of NIC ASIA Bank Limited, NIC ASIA Bank Limited holds 57.75% share ownership of total shares of this institution. The related party transactions of this institution up to the fourth quarter of the Fiscal Year 2082/83 are as follows.

Particulars Amount Rs.

Share Investment from NIC ASIA Bank Limited 1,004,500,000.00

Amount in NPR

Particulars Current YearThis Quarter Current Year UptoThis Quarter (YTD) Previous Year CorrespondingThis Quarter Previous Year Corresponding UptoThis Quarter (YTD)
Interest Income823,673,8442,482,128,171547,989,5311,889,974,325
Interest Expense275,454,5951,079,837,980292,029,3161,138,052,545
Net Interest Income548,219,2501,402,290,191255,960,215751,921,780
Fee and Commission Income4,113,7268,411,8703,106,3325,164,700
Fee and Commission Expense72,885339,148(1,829,335)7,062,474
Net Fee and Commission Income4,040,8418,072,7224,935,668(1,897,774)
Net Interest, Fee and Commisssion Income552,260,0911,410,362,913260,895,883750,024,006
Net Trading Income----
Other Operating Income41,056,042137,578,73228,998,236103,251,827
Total Operating Income593,316,1331,547,941,645289,894,119853,275,832
Impairment Charge/(reversal) for Loans and Other Losses288,055,784418,706,587472,009,516406,780,602
Net Operating Income305,260,3501,129,235,057(182,115,397)446,495,231
Operating Expense221,405,807886,322,103266,004,630892,733,292
Personnel Expenses148,276,865621,627,995191,633,824632,483,055
Other Operating Expenses69,384,683251,917,13468,037,779231,712,506
Depreciation and Amortization3,744,25912,776,9746,333,02728,537,731
Operating Profit83,854,543242,912,954(448,120,027)(446,238,061)
Non-Operating Income2,897,5957,572,7621,253,2005,291,495
Non-Operating Expense8,487,89210,221,9463,005,4926,752,462
Profit before Income Tax78,264,246240,263,770(449,872,319)(447,699,027)
Income tax Expense63,169,505118,253,02691,448966,235
Current Tax63,169,505108,990,649--
Previous Year Tax-9,262,37791,448966,235
Deferred Tax----
Profit/loss for the period15,094,741122,010,743(449,963,767)(448,665,262)
Particulars Current YearThis Quarter Current Year UptoThis Quarter (YTD) Previous Year CorrespondingThis Quarter Previous Year Corresponding UptoThis Quarter (YTD)
Condensed Statement of Comprehensive Income
Amount in NPR
Profit or Loss for the Period15,094,741122,010,743(449,963,767)(448,665,262)
Other Comprehensive Income----
Total Comprehensive Income15,094,741122,010,743(449,963,767)(448,665,262)
Basic earnings per share-7.01-(25.79)
Annualized Basic earnings per share-7.01-(25.79)
Diluted earnings per share-7.01-(25.79)
Particulars Current Year This Quarter Current Year Upto This Quarter (YTD) Previous YearCorresponding This Quarter Previous YearCorresponding Upto This Quarter (YTD)
Ratios as per NRB Directive
Capital Fund to RWA--
Non-performing Loan (NPL) to Total loan--
Total Loan Loss Provision to Total NPL--
Cost of Funds--
Credit to Deposit & Borrowing Ratio--
Base Rate--
Interest Spread Rate--

Amount in NIC Asia Bank Limited account 2,079,524,289.88

Interest paid to NIC Asia Bank Limited 88,759,432.41

2. Management Analysis:

a) Details regarding any changes in the institution's balance, income, and liquidity during the quarterly period and primary reasons thereof: In the fourth quarter period, the income of this institution has been satisfactory compared to the review period of the previous fiscal year. Balance and liquidity are adequate.

b) Analytical details of management regarding business plan: This national-level financial institution licensed as Class "D" by Nepal Rastra Bank has been providing microfinance services to 2,75,582 deprived families through 287 branch offices across 74 districts under all 7 provinces of the country since its inception with a firm commitment to increase financial access, reduce poverty, improve the living standard of client members, and enhance financial inclusion. The institution has been operating by formulating plans and strategies for business expansion and growth while increasing customer satisfaction through financial literacy programs, training for skill and capacity enhancement and development, technology-friendly services and facilities for reliable transactions, and practice of financial transactions with respectful behavior and conduct.

c) Analytical details if there are any events from past experience that could affect the corporate body's balance, profit, or cash flow: Due to external environmental impacts such as multiple banking, unhealthy competition, and sluggishness in economic activities causing problems in loan installment repayments by clients, loan recovery and profit/loss in the fourth quarter of FY 2082/83 have been adversely affected.

3. Details Regarding Legal Proceedings:

a) Whether any lawsuit has been filed by or against the institution during this period: During this period, no lawsuit has been filed by or against the institution that would have a material impact on the business, except for regular business-related lawsuits.

b) Whether any case has been filed regarding violation of prevailing regulations or criminal offenses by the institution's promoter or director: No information has been received.

c) Whether any case has been filed against any promoter or director regarding financial crime: No information has been received.

4. Analysis of Share Transactions and Progress of the Financial Institution:

a) Management's opinion regarding share transactions of the financial institution in the securities market: Management holds the view that the price of share transactions in the secondary market is determined as per the open market.

b) Maximum, minimum, closing price of shares, total trading days, and number of transactions during this quarterly period:

Maximum Price 618 Minimum Price 527 Closing Price 542 Total Transactions 5,774 Trading Days 64

5. Problems and Challenges:

The major challenges are as mentioned below.

Internal

a) Increasing non-performing loans.

b) Lack of skilled human resources.

c) Increasing operating costs.

d) Impact on productivity due to geographical remoteness of the working area.

External

a) Direct impact on clients' agriculture, trade, business, and employment due to economic slowdown.

b) Possible changes in regulatory policies and rules.

c) Multiple banking and unhealthy competition.

d) Political, non-political, and social landscape.

Strategies:

a) Emphasize enhancing employee working capacity.

b) Emphasize improving loan quality.

c) Operate keeping the relationship between the institution and clients as the primary priority.

d) Focus on increasing the institution's capital fund.

e) Adopt cost austerity (Resource Optimization).

6. Corporate Governance:

In accordance with the policy of always giving high priority to corporate governance and complying with corporate governance directives issued by Nepal Rastra Bank, the institution's Board of Directors and all employees in management are always vigilant and committed to full compliance and implementation of regulatory provisions, keeping the interests of shareholders, general depositors, and all stakeholders as the highest priority to maintain corporate governance.

7. Declaration of Chief Executive Regarding Truthfulness and Accuracy:

To the best of my knowledge and understanding, the information and details mentioned in this report are true, factual, and complete. I declare that no details, notices, or information required for investors to make informed decisions have been concealed.

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