प्राइम कमर्सियल बैंकको पहिलो त्रैमासिक वित्तीय विवरण सार्वजनिकPrime Commercial Bank Publishes Q1 Financial Results
- वर्ग:Category:
- Financial Analysis
- प्रकाशित मिति:Published:
- Published on November 1, 2026
Interim Financial Results (Quarterly)
As on Quarter Ended Ashwin 2083
Condensed Statement of Financial Position
As on Quarter Ended Ashwin 2083
Amount in NPR
| Assets | This Quarter Ending | Immediate Previous Year Ending (Unaudited) |
|---|---|---|
| Cash and Cash Equivalents | 9,271,441,677 | 10,471,724,326 |
| Due from Nepal Rastra Bank | 12,963,314,069 | 19,523,535,967 |
| Placement with B/FIs | 8,671,011,803 | 5,718,196,071 |
| Derivative Financial Instruments | - | - |
| Other Trading Assets | - | - |
| Loans and Advances to B/FIs | 8,074,691,404 | 10,595,286,042 |
| Loans and Advances to Customers | 235,277,071,882 | 226,441,101,956 |
| Investment Securities | 53,089,884,552 | 53,057,532,012 |
| Current Tax Assets | - | 142,517,379 |
| Investment in Subsidiaries | - | - |
| Investment in Associates | 46,023,000 | 46,023,000 |
| Investment Property | 5,497,003,788 | 5,078,577,972 |
| Property and Equipment | 1,810,397,431 | 1,825,650,423 |
| Goodwill and Intangible Assets | 388,390,021 | 388,831,460 |
| Deferred Tax Assets | 1,516,386,624 | 1,317,530,556 |
| Other Assets | 1,804,246,376 | 1,461,442,094 |
| Total Assets | 338,409,862,628 | 336,067,949,257 |
| Liabilities This Quarter Ending Immediate Previous Year Ending (Unaudited) | ||
| Due to Bank and Financial Institutions | 8,527,990,655 | 5,596,518,829 |
| Due to Nepal Rastra Bank | - | - |
| Derivative Financial Instruments | - | - |
| Deposits from Customers | 275,659,928,993 | 277,743,614,735 |
| Borrowings | - | - |
| Current Tax Liabilities | 507,375,443 | - |
| Provisions | - | - |
| Deferred Tax Liabilities | - | - |
| Other Liabilities | 3,599,163,752 | 3,717,946,680 |
| Debt Securities Issued | 12,171,475,651 | 12,171,475,651 |
| Subordinated Liabilities | - | - |
| Total Liabilities | 300,465,934,494 | 299,229,555,896 |
| Equity | ||
| Share Capital | 20,954,781,773 | 20,954,781,773 |
| Share Premium | - | - |
| Retained Earnings | 2,051,742,398 | 1,907,412,912 |
| Reserves | 14,937,403,963 | 13,976,198,676 |
| Total Equity Attributable to Equity Holders | 37,943,928,134 | 36,838,393,362 |
| Non Controlling Interest | - | - |
| Total Equity | 37,943,928,134 | 36,838,393,362 |
| Total Liabilities and Equity | 338,409,862,628 | 336,067,949,257 |
Condensed Statement of Profit and Loss
For the Quarter Ended Ashwin 2083
Amount in NPR
| Particulars | Current Year This Quarter Up to | Current Year This Quarter (YTD) | Previous Year Corresponding This Quarter Up to | Previous Year Corresponding This Quarter (YTD) |
|---|---|---|---|---|
| Interest Income | 5,304,962,560 | 5,304,962,560 | 5,896,339,615 | 5,896,339,615 |
| Interest Expense | 2,699,190,442 | 2,699,190,442 | 3,488,892,018 | 3,488,892,018 |
| Net Interest Income | 2,605,772,118 | 2,605,772,118 | 2,407,447,597 | 2,407,447,597 |
| Fee and Commission Income | 844,812,339 | 844,812,339 | 745,466,884 | 745,466,884 |
| Fee and Commission Expense | 47,869,369 | 47,869,369 | 38,920,070 | 38,920,070 |
| Net Fee and Commission Income | 796,942,970 | 796,942,970 | 706,546,814 | 706,546,814 |
| Net Interest, Fee and Commission Income | 3,402,715,088 | 3,402,715,088 | 3,113,994,411 | 3,113,994,411 |
| Net Trading Income | 108,670,041 | 108,670,041 | 86,254,841 | 86,254,841 |
| Other Operating Income | 98,653,442 | 98,653,442 | 250,244,842 | 250,244,842 |
| Total Operating Income | 3,610,038,571 | 3,610,038,571 | 3,450,494,095 | 3,450,494,095 |
| Impairment Charge/ (Reversal) for Loans and Other Losses | 617,083,300 | 617,083,300 | 480,981,718 | 480,981,718 |
| Net Operating Income | 2,992,955,272 | 2,992,955,272 | 2,969,512,376 | 2,969,512,376 |
| Operating Expenses | ||||
| Personnel Expenses | 763,642,401 | 763,642,401 | 675,955,199 | 675,955,199 |
| Other Operating Expenses | 229,820,747 | 229,820,747 | 180,598,000 | 180,598,000 |
| Depreciation & Amortization | 37,522,596 | 37,522,596 | 37,132,153 | 37,132,153 |
| Operating Profit | 1,961,969,528 | 1,961,969,528 | 2,075,827,024 | 2,075,827,024 |
| Non-Operating Income | - | - | 876,612 | 876,612 |
| Non-Operating Expense | 265,554,366 | 265,554,366 | 277,699,583 | 277,699,583 |
| Profit Before Income Tax | 1,696,415,162 | 1,696,415,162 | 1,799,004,053 | 1,799,004,053 |
| Income Tax Expenses | ||||
| Current Tax | 669,340,782 | 669,340,782 | 703,476,811 | 703,476,811 |
| Deferred Tax | (160,582,749) | (160,582,749) | (162,902,831) | (162,902,831) |
| Profit/(Loss) for the Period | 1,187,657,130 | 1,187,657,130 | 1,258,430,073 | 1,258,430,073 |
| Condensed Statement of Comprehensive Income | ||||
| Profit/(Loss) for the period | 1,187,657,130 | 1,187,657,130 | 1,258,430,073 | 1,258,430,073 |
| Other Comprehensive Income | (89,304,410) | (89,304,410) | (178,443,732) | (178,443,732) |
| Total Comprehensive Income | 1,098,352,720 | 1,098,352,720 | 1,079,986,341 | 1,079,986,341 |
| Basic Earnings per Share | - | 22.67 | - | 25.94 |
| Diluted Earnings per Share | - | 22.67 | - | 25.94 |
| Profit Attributable to: | ||||
| Equity-Holders of the Bank | 1,187,657,130 | 1,187,657,130 | 1,258,430,073 | 1,258,430,073 |
| Non-Controlling Interest | - | - | - | - |
| Total | 1,187,657,130 | 1,187,657,130 | 1,258,430,073 | 1,258,430,073 |
| Particulars | Current Year This Quarter Upto This Quarter (YTD) | Previous Year Corresponding This Quarter Upto This Quarter (YTD) |
|---|---|---|
| Ratio as per NRB Directives | ||
| Capital Fund to RWA | - | - |
Tier 1 Capital to RWA - 9.50% - 10.18%
CET 1 Capital to RWA - 9.50% - 10.18%
| Non-Performing Loan (NPL) to Total Loan | - | - |
| Total Loan Loss Provision to Total NPL | - | - |
| Cost of Funds | - | - |
| Credit to Deposit Ratio | - | - |
| Base Rate | - | - |
| Interest Rate Spread (as per NRB directive) | - | - |
| Return on Equity | - | - |
| Return on Assets | - | - |
Statement of Distributable Profit or Loss
For the quarter ended of Ashwin 2083
(As per NRB Regulation)
Amount in NPR
| Particulars Current Year Up to | This Qtr YTD Previous Year | Corresponding Qtr (YTD) |
|---|---|---|
| Net profit or (loss) as per statement of Profit or Loss | 1,187,657,130 | 1,258,430,073 |
| Appropriations: | ||
| a. General Reserve | (237,531,426) | (251,686,015) |
| b. Foreign Exchange Fluctuation Fund | - | - |
| c. Capital Redemption Reserve | (83,333,333) | - |
| d. Corporate Social Responsibility Fund | (11,876,571) | (12,584,301) |
| e. Employees' Training Fund | (6,444,996) | (6,754,196) |
| f. Other | 30,941,959 | 161,851 |
| Profit or (loss) before regulatory adjustment | 879,412,763 | 987,567,413 |
| Regulatory adjustment : | ||
| a. Interest receivable/previous accrued interest received | (373,432,051) | (410,876,870) |
| 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/reversal | (208,250,528) | (156,072,546) |
| e. Deferred tax assets recognised/reversal | (160,582,749) | (162,902,831) |
| f. Goodwill recognised / impairment of Goodwill | - | - |
| g. Bargain purchase gain recognised/reversal | - | - |
| h. Actuarial loss recognised /reversal | - | - |
| i. Other | - | - |
| Net Profit for the Quarter Ended Ashwin 2083 | 137,147,433 | 257,715,166 |
| Opening Retained Earning as on Shrawan 01 2083 | 1,907,412,912 | 2,780,819,221 |
| Adjustment | 7,182,053 | 6,075,121 |
| Distribution: | ||
| Bonus Share Issued | - | - |
| Cash Dividend Paid | - | - |
| Total Distributable profit or (Loss) as on Ashwin End 2083 | 2,051,742,398 | 3,044,609,508 |
| Annualized Distributable Profit/Loss per Share | 11.75 | 19.68 |
* The bank has appropriated NPR. 83,333,333 to Debenture Redemption Reserve for "6.25% Prime Bank Debenture 2093".
Notes to Interim Financial Statements
1. Previous period figures are regrouped/restated wherever necessary.
2. Loan and Advances include interest receivables, staff loan and are presented net of impairment charges.
3. Equity Investment and Mutual Fund are categorized as available for sale and are measured at fair value through OCI.
4. Interest income from loans and advances classified as Non-Performing Loans has been recognized on a cash basis (incremental) approach.
5. The Bank has recognized impairment on credit exposures as the higher of total ECL calculated as per NFRS 9 and existing regulatory provisions in Unified Directives as mentioned in NFRS 9- Expected Credit Loss Related Guidelines, 2024 issued by NRB.
6. Above figures are subject to change upon otherwise instructions of Statutory Auditor and/or Regulatory Authorities .
7. The detail interim financial report has been published in the Bank's website: www.primebank.com.np
धितोपत्र दर्ता तथा निष्काशन नियमावली, २०६३ को अनुसूची-१४ (नियम २६ को उपनियम (१) संग सम्बन्धित) आ.व. २०८३/८४ को प्रथम त्रैमासिक प्रतिवेदन
१. वित्तीय विवरण
क. वासलात तथा नाफा नोक्सान सम्बन्धी विवरण यसै साथ प्रकाशित गरिएको छ ।
ख. प्रमुख वित्तीय अनुपातहरु :
प्रति शेयर आम्दानी रु. २२.६७ प्रति शेयर कुल सम्पत्तिको मूल्य रु. १६१४.९५ कुल सम्पत्ति/आम्दानी अनुपात ६१.४८ तरलता अनुपात २३.१९ प्रति शेयर नेटवर्थ रु. १८१.०८
ग. सम्बन्धित पक्षहरुको कारोबार :
संचालक तथा प्रमुख कार्यकारी अधिकृतसँग सम्बन्धित सम्पूर्ण कारोबारहरु बैंकको नियमावली, नियम, निर्देशिका र कर्मचारी सेवा नियमावलीमा भएको प्रावधानका आधारमा मात्र गरिएको छ।
२. व्यवस्थापकीय विश्लेषण
क. समीक्षा अवधिमा, अर्थतन्त्रमा सुधारका लक्षणहरु देखिन थाले तापनि वैश्विक क्षेत्रमा प्रचुर तरलता छ भने ब्याजदर न्यून रहेको छ। यस बैंकले निक्षेप संकलनमा आ.व. को सोही अवधि भन्दा ५.५४ प्रतिशतले वृद्धि गरी कुल रु २ खर्ब ७५ अर्ब निक्षेप संकलन गरेको छ। यसै गरी कर्जा लगानीमा गत आ.व. सोही अवधि भन्दा ९.०१ प्रतिशतले वृद्धि गरी यस आ.व.मा कुल रु. २ खर्ब ५० अर्ब कर्जा विस्तार गरेको छ। बैंकले समीक्षा अवधिमा गैर कोषमा आधारित आम्दानी रु. १ अर्ब ८ करोड र खुद मुनाफा रु. १ अर्ब १८ करोड आर्जन गरेको छ।
ख. बैंकक विविधकरण, कुशल व्यवसायिक योजना, नयाँ लगानीका क्षेत्रहरुको पहिचान गर्ने, छिटो छरितो गुणस्तरीय एवं भरपर्दो सेवा, ग्राहक मैत्री बैंक सेवा सुलभ तरिकाले सर्वसाधारणको पहुँच भित्र पुर्याउने बैंकको लक्ष्य अनुरूप बैंक अगाडि बढिरहेको छ। निक्षेपकर्ता, ऋणी, शेयरधनीहरु लगायत सम्पूर्ण सरोकारवालाहरुको सर्वोत्तम हित संरक्षण गर्दै सबै पक्षलाई लाभान्वित हुने गरी बैंकले आफ्नो कार्यहरु गरिरहेको छ।
ग. विश्व अर्थतन्त्रमा सुधारको गति सुस्त र असमान रहेको छ। तर, धेरैजसो उदीयमान र विकासोन्मुख राष्ट्रहरुमा आर्थिक वृद्धि लयमा फर्कन सकेको छैन भने मुद्रास्फीति पनि उच्च रहेको हुनाले बैंकको समीक्षा अवधिको नगद मौज्दात, नाफा वा नगद प्रवाहमा तात्त्विक असर पर्न सक्ने अवस्था रहेको छ।
३. कानूनी कारवाही सम्बन्धी विवरण
क. यस त्रैमासिक अवधिमा यस बैंकले वा बैंकको विरुद्धमा कुनै मुद्दा दायर भएको अवस्था छ।
ख. हालसम्म बैंकको संस्थापक वा संचालकले संस्थापक वा संचालकको नियमविपरित कार्यहरु वा अपराध सम्बन्धी कुनै मुद्दा दायरा भएको जानकारी प्राप्त नभएको अवस्था छ।
ग. यस बैंकको कुनै संस्थापक वा संचालक विरुद्ध आर्थिक अपराध गरेको सम्बन्धमा कुनै मुद्दा भएको जानकारी प्राप्त नभएको छ।
४. संगठित संस्थाको शेयर कारोबार सम्बन्धी विश्लेषण
क. शेयर कारोबारमा हुने उतार चढाव खुल्ला बजारले प्रतिपादित गरेको मूल्य तथा मान्यता अनुरुप हुने गरेको छ।
ख. यस त्रैमासिक अवधिको शेयरको अधिकतम, न्यूनतम, अन्तिम मूल्य, कारोबार भएको कुल दिन तथा कारोबार संख्या।
अधिकतम मूल्य रु. २७८.०० न्यूनतम मूल्य रु. २२५.९० अन्तिम मूल्य रु. २५७.०० कारोबार संख्या १३,१४६ कारोबार दिन ६१ कारोबार शेयर संख्या ६५,९०,०९३
५. मुख्य समस्या तथा चुनौतीहरु
क. आन्तरिक समस्या एवं चुनौतीहरु
१. बैंकको तरलताको व्यवस्थापन तथा तरलताको कारणले ब्याजदर परिवर्तनले हुन सक्ने जोखिम रहेको ।
२. देशको कमजोर अर्थतन्त्रका कारण व्यावसायिक लगानीका अवसरहरुमा दीर्घकालीन स्थायित्व हासिल गर्न कठिनाई र बैंकको निष्कृय कर्जाको व्यवस्थापनमा बढेको चुनौतीहरु।
ख. बाह्य समस्या एवं चुनौतीहरु
- विश्वव्यापी रुपमा भूराजनीतिक तनावको कारण विश्व अर्थतन्त्रली मुलुकको अर्थतन्त्रमा समेत परेको नकारात्मक प्रभावबाट उत्पन्न क्षेत्रि क्षेत्र म प्रवाहित हुन गएको र अनिश्चित समय सम्म प्रभाव पर्न सक्ने चुनौतीहरु रहेका ।
- मुलुकमा आएको राजनीतिक तथा आर्थिक परिवर्तनका कारण रुपान्तरणबाट हुन सक्ने जोखिमहरु।
- प्राविधिक प्रकोप (ह्याकिङ, बाढी/पहिरो आदि) को कारणबाट व्यवसायमा आउने प्रभाव ।
ग. रणनीति
बैंकका वित्तीय सुशासन, कुशल व्यावसायिक योजना, नयाँ लगानीका क्षेत्रहरुको पहिचान गर्ने, छिटो छरितो गुणस्तरीय एवं भरपर्दो सेवा, ग्राहक मैत्री बैंक सेवा सुलभ तरिकाले सर्वसाधारणको पहुँच भित्र पुर्याउने रणनीति बैंकले लिएको छ। निक्षेपकर्ता, ऋणी, शेयरधनीहरु लगायत सम्पूर्ण सरोकारवालाहरुको सर्वोत्तम हित संरक्षण गर्दै सबै पक्षलाई लाभान्वित हुने गरी बैंकले आफ्नो कार्यहरु गर्ने रणनीति लिएको छ।
बैंकले निष्कृय कर्जाको अनुगमन गर्दै, सोको विस्तृत विश्लेषण समेत गरि कानूनी प्रक्रिया अवलम्बन गरी कर्जा असुली गर्ने र बैंकको निष्कृय कर्जा न्यूनीकरण (लक्षित समयभित्र अपलेखन) गर्दै लैजाने,
बैंकको आन्तरिक नियन्त्रण प्रणालीलाई सुदृढ बनाउने, बैंकको संगठनात्मक सुशासन बलियो बनाउँदै लानु, साना तथा मझौला उद्यम र उत्पादनशील क्षेत्रको कर्जामा प्राथमिकता दिँदै ऋण व्यवसायको लक्ष्य बढाउने र बैंकले एआई, डाटा एनालिटिक्स र रोबोटिक्स मार्फत डिजिटल बैंकिङ सेवालाई रुपान्तरण गर्ने रणनीति अवलम्बन गरेको छ ।
६. संस्थागत सुशासन
बैंकले संस्थागत सुशासन सम्बन्धी प्रचलित ऐन, कानूनको पूर्ण पालना गर्दै संचालक तथा कर्मचारी आचरण सम्बन्धी व्यवस्थाको पूर्ण पालना गर्ने गरेको छ। बैंकले समग्र बैंकिङ प्रणालीको सुदृढ सुशासन एवम् जोखिम व्यवस्थापनको गुणस्तर सुधार गर्नका लागि पारदर्शिता, खुलापन, स्वार्थको द्वन्द्व, अनुपालन र अन्य नियामक निकायहरुको सम्बन्ध समय सम्भव लगायतका विषयमा अन्तर्राष्ट्रिय उच्च अभ्यास समेत सबै संचालकहरुलाई अभिमुखीकरण/पुनर्ताजगीकरण गराउने कार्य गर्दै आएको छ।
बैंकका व्यवसायहरू साधारण जनताको निक्षेप संकलन गरी आफ्नो व्यवसाय संचालन गर्ने भएको ले संस्थागत सुशासनलाई उच्च प्राथमिकता दिनुका साथै आन्तरिक नियन्त्रण प्रणालीलाई सुदृढ बनाई कडाईका साथ लागू गर्दै आएको छ। नेपाल राष्ट्र बैंकबाट जारी निर्देशकहरू एवं बैंकको संचालक समितिबाट पारित नीति, नियमहरूलाई यस बैंकले अक्षरशः पालना गर्दै आएको छ। बैंकका आन्तरिक तथा बाह्य लेखापरीक्षकबाट औंल्याइएका कैफियतहरूलाई तत्काल सुधार गर्ने गरिएको र बैंकले आन्तरिक नियन्त्रण प्रणाली मजबुत गर्न तथा जोखिम व्यवस्थापन प्रणाली प्रभावकारी बनाउन जोखिममा आधारित आन्तरिक लेखापरीक्षणको अवधारणामा आधारित लेखापरीक्षण विभागबाट दैनिक कारोबारको लेखापरीक्षण गर्ने गरिएको छ।
बैंकको वित्तीय तथा संस्थागत सुशासनलाई अझ पारदर्शी र प्रभावकारी बनाउँदै जनविश्वास अभिवृद्धि गर्न, सर्वसाधारणमा वित्तीय पहुँच अभिवृद्धि गर्ने र वित्तीय बैंक सञ्जाल विस्तार अभिवृद्धि गर्ने कार्यभित्र संचालन गरिने ।
७. सत्य, तथ्यता सम्बन्धमा कार्यकारी प्रमुखको उद्घोषण
आजका मितिसम्म यस प्रतिवेदनमा उल्लेखित जानकारी तथा विवरणहरूको सत्यताका सम्बन्धमा म व्यक्तिगत रुपमा उत्तरदायित्व लिन्छु । साथै म यो उद्घोष गर्दछु कि - मैले जाने बुझेसम्म यस प्रतिवेदनमा उल्लेखित विवरणहरु सत्य, तथ्य र पूर्ण छन् र लगानीकर्ताहरूलाई सुसूचित निर्णय लिन आवश्यक कुनै विवरण, सूचना तथा जानकारीहरु लुकाइएको छैन।
Interim Financial Results (Quarterly)
As on Quarter Ended Ashwin 2083
Condensed Statement of Financial Position
As on Quarter Ended Ashwin 2083
Amount in NPR
| Assets | This Quarter Ending | Immediate Previous Year Ending (Unaudited) |
|---|---|---|
| Cash and Cash Equivalents | 9,271,441,677 | 10,471,724,326 |
| Due from Nepal Rastra Bank | 12,963,314,069 | 19,523,535,967 |
| Placement with B/FIs | 8,671,011,803 | 5,718,196,071 |
| Derivative Financial Instruments | - | - |
| Other Trading Assets | - | - |
| Loans and Advances to B/FIs | 8,074,691,404 | 10,595,286,042 |
| Loans and Advances to Customers | 235,277,071,882 | 226,441,101,956 |
| Investment Securities | 53,089,884,552 | 53,057,532,012 |
| Current Tax Assets | - | 142,517,379 |
| Investment in Subsidiaries | - | - |
| Investment in Associates | 46,023,000 | 46,023,000 |
| Investment Property | 5,497,003,788 | 5,078,577,972 |
| Property and Equipment | 1,810,397,431 | 1,825,650,423 |
| Goodwill and Intangible Assets | 388,390,021 | 388,831,460 |
| Deferred Tax Assets | 1,516,386,624 | 1,317,530,556 |
| Other Assets | 1,804,246,376 | 1,461,442,094 |
| Total Assets | 338,409,862,628 | 336,067,949,257 |
| Liabilities This Quarter Ending Immediate Previous Year Ending (Unaudited) | ||
| Due to Bank and Financial Institutions | 8,527,990,655 | 5,596,518,829 |
| Due to Nepal Rastra Bank | - | - |
| Derivative Financial Instruments | - | - |
| Deposits from Customers | 275,659,928,993 | 277,743,614,735 |
| Borrowings | - | - |
| Current Tax Liabilities | 507,375,443 | - |
| Provisions | - | - |
| Deferred Tax Liabilities | - | - |
| Other Liabilities | 3,599,163,752 | 3,717,946,680 |
| Debt Securities Issued | 12,171,475,651 | 12,171,475,651 |
| Subordinated Liabilities | - | - |
| Total Liabilities | 300,465,934,494 | 299,229,555,896 |
| Equity | ||
| Share Capital | 20,954,781,773 | 20,954,781,773 |
| Share Premium | - | - |
| Retained Earnings | 2,051,742,398 | 1,907,412,912 |
| Reserves | 14,937,403,963 | 13,976,198,676 |
| Total Equity Attributable to Equity Holders | 37,943,928,134 | 36,838,393,362 |
| Non Controlling Interest | - | - |
| Total Equity | 37,943,928,134 | 36,838,393,362 |
| Total Liabilities and Equity | 338,409,862,628 | 336,067,949,257 |
Condensed Statement of Profit and Loss
For the Quarter Ended Ashwin 2083
Amount in NPR
| Particulars | Current Year This Quarter Up to | Current Year This Quarter (YTD) | Previous Year Corresponding This Quarter Up to | Previous Year Corresponding This Quarter (YTD) |
|---|---|---|---|---|
| Interest Income | 5,304,962,560 | 5,304,962,560 | 5,896,339,615 | 5,896,339,615 |
| Interest Expense | 2,699,190,442 | 2,699,190,442 | 3,488,892,018 | 3,488,892,018 |
| Net Interest Income | 2,605,772,118 | 2,605,772,118 | 2,407,447,597 | 2,407,447,597 |
| Fee and Commission Income | 844,812,339 | 844,812,339 | 745,466,884 | 745,466,884 |
| Fee and Commission Expense | 47,869,369 | 47,869,369 | 38,920,070 | 38,920,070 |
| Net Fee and Commission Income | 796,942,970 | 796,942,970 | 706,546,814 | 706,546,814 |
| Net Interest, Fee and Commission Income | 3,402,715,088 | 3,402,715,088 | 3,113,994,411 | 3,113,994,411 |
| Net Trading Income | 108,670,041 | 108,670,041 | 86,254,841 | 86,254,841 |
| Other Operating Income | 98,653,442 | 98,653,442 | 250,244,842 | 250,244,842 |
| Total Operating Income | 3,610,038,571 | 3,610,038,571 | 3,450,494,095 | 3,450,494,095 |
| Impairment Charge/ (Reversal) for Loans and Other Losses | 617,083,300 | 617,083,300 | 480,981,718 | 480,981,718 |
| Net Operating Income | 2,992,955,272 | 2,992,955,272 | 2,969,512,376 | 2,969,512,376 |
| Operating Expenses | ||||
| Personnel Expenses | 763,642,401 | 763,642,401 | 675,955,199 | 675,955,199 |
| Other Operating Expenses | 229,820,747 | 229,820,747 | 180,598,000 | 180,598,000 |
| Depreciation & Amortization | 37,522,596 | 37,522,596 | 37,132,153 | 37,132,153 |
| Operating Profit | 1,961,969,528 | 1,961,969,528 | 2,075,827,024 | 2,075,827,024 |
| Non-Operating Income | - | - | 876,612 | 876,612 |
| Non-Operating Expense | 265,554,366 | 265,554,366 | 277,699,583 | 277,699,583 |
| Profit Before Income Tax | 1,696,415,162 | 1,696,415,162 | 1,799,004,053 | 1,799,004,053 |
| Income Tax Expenses | ||||
| Current Tax | 669,340,782 | 669,340,782 | 703,476,811 | 703,476,811 |
| Deferred Tax | (160,582,749) | (160,582,749) | (162,902,831) | (162,902,831) |
| Profit/(Loss) for the Period | 1,187,657,130 | 1,187,657,130 | 1,258,430,073 | 1,258,430,073 |
| Condensed Statement of Comprehensive Income | ||||
| Profit/(Loss) for the period | 1,187,657,130 | 1,187,657,130 | 1,258,430,073 | 1,258,430,073 |
| Other Comprehensive Income | (89,304,410) | (89,304,410) | (178,443,732) | (178,443,732) |
| Total Comprehensive Income | 1,098,352,720 | 1,098,352,720 | 1,079,986,341 | 1,079,986,341 |
| Basic Earnings per Share | - | 22.67 | - | 25.94 |
| Diluted Earnings per Share | - | 22.67 | - | 25.94 |
| Profit Attributable to: | ||||
| Equity-Holders of the Bank | 1,187,657,130 | 1,187,657,130 | 1,258,430,073 | 1,258,430,073 |
| Non-Controlling Interest | - | - | - | - |
| Total | 1,187,657,130 | 1,187,657,130 | 1,258,430,073 | 1,258,430,073 |
| Particulars | Current Year This Quarter Upto This Quarter (YTD) | Previous Year Corresponding This Quarter Upto This Quarter (YTD) |
|---|---|---|
| Ratio as per NRB Directives | ||
| Capital Fund to RWA | - | - |
Tier 1 Capital to RWA - 9.50% - 10.18%
CET 1 Capital to RWA - 9.50% - 10.18%
| Non-Performing Loan (NPL) to Total Loan | - | - |
| Total Loan Loss Provision to Total NPL | - | - |
| Cost of Funds | - | - |
| Credit to Deposit Ratio | - | - |
| Base Rate | - | - |
| Interest Rate Spread (as per NRB directive) | - | - |
| Return on Equity | - | - |
| Return on Assets | - | - |
Statement of Distributable Profit or Loss
For the quarter ended of Ashwin 2083
(As per NRB Regulation)
Amount in NPR
| Particulars Current Year Up to | This Qtr YTD Previous Year | Corresponding Qtr (YTD) |
|---|---|---|
| Net profit or (loss) as per statement of Profit or Loss | 1,187,657,130 | 1,258,430,073 |
| Appropriations: | ||
| a. General Reserve | (237,531,426) | (251,686,015) |
| b. Foreign Exchange Fluctuation Fund | - | - |
| c. Capital Redemption Reserve | (83,333,333) | - |
| d. Corporate Social Responsibility Fund | (11,876,571) | (12,584,301) |
| e. Employees' Training Fund | (6,444,996) | (6,754,196) |
| f. Other | 30,941,959 | 161,851 |
| Profit or (loss) before regulatory adjustment | 879,412,763 | 987,567,413 |
| Regulatory adjustment : | ||
| a. Interest receivable/previous accrued interest received | (373,432,051) | (410,876,870) |
| 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/reversal | (208,250,528) | (156,072,546) |
| e. Deferred tax assets recognised/reversal | (160,582,749) | (162,902,831) |
| f. Goodwill recognised / impairment of Goodwill | - | - |
| g. Bargain purchase gain recognised/reversal | - | - |
| h. Actuarial loss recognised /reversal | - | - |
| i. Other | - | - |
| Net Profit for the Quarter Ended Ashwin 2083 | 137,147,433 | 257,715,166 |
| Opening Retained Earning as on Shrawan 01 2083 | 1,907,412,912 | 2,780,819,221 |
| Adjustment | 7,182,053 | 6,075,121 |
| Distribution: | ||
| Bonus Share Issued | - | - |
| Cash Dividend Paid | - | - |
| Total Distributable profit or (Loss) as on Ashwin End 2083 | 2,051,742,398 | 3,044,609,508 |
| Annualized Distributable Profit/Loss per Share | 11.75 | 19.68 |
* The bank has appropriated NPR. 83,333,333 to Debenture Redemption Reserve for "6.25% Prime Bank Debenture 2093".
Notes to Interim Financial Statements
1. Previous period figures are regrouped/restated wherever necessary.
2. Loan and Advances include interest receivables, staff loan and are presented net of impairment charges.
3. Equity Investment and Mutual Fund are categorized as available for sale and are measured at fair value through OCI.
4. Interest income from loans and advances classified as Non-Performing Loans has been recognized on a cash basis (incremental) approach.
5. The Bank has recognized impairment on credit exposures as the higher of total ECL calculated as per NFRS 9 and existing regulatory provisions in Unified Directives as mentioned in NFRS 9- Expected Credit Loss Related Guidelines, 2024 issued by NRB.
6. Above figures are subject to change upon otherwise instructions of Statutory Auditor and/or Regulatory Authorities .
7. The detail interim financial report has been published in the Bank's website: www.primebank.com.np
First Quarterly Report of F.Y. 2083/84 (Related to Rule 26, Sub-rule (1) of Schedule-14 of Securities Registration and Issue Regulations, 2063)
1. Financial Statements
a. Statement of Balance Sheet and Profit and Loss published herewith.
b. Key Financial Ratios:
Earnings Per Share Rs. 22.67 Value of Total Assets Per Share Rs. 1614.95 Total Assets/Earnings Ratio 61.48 Liquidity Ratio 23.19 Net Worth Per Share Rs. 181.08
c. Related Party Transactions:
All transactions related to Directors and Chief Executive Officer are executed solely based on the provisions set in the Bank's bylaws, rules, guidelines, and Employee Service Regulations.
2. Management Analysis
a. During the review period, although signs of economic recovery started appearing, liquidity remains abundant globally while interest rates are low. This bank expanded total deposits to Rs 2.75 खर्ब, registering an increase of 5.54 percent compared to the same period of the previous fiscal year. Similarly, total credit expanded to Rs. 2.50 खर्ब, an increase of 9.01 percent over the same period last fiscal year. The bank generated non-fund-based income of Rs. 1.08 अर्ब and net profit of Rs. 1.18 अर्ब during the review period.
b. The bank is moving forward in line with its goal to reach the general public conveniently with customer-friendly banking services through diversification, efficient business planning, identifying new investment areas, and delivering fast, quality, and reliable service. The bank is carrying out its operations to benefit all stakeholders, protecting the best interests of depositors, borrowers, shareholders, and others.
c. The pace of global economic recovery remains slow and uneven. However, as most emerging and developing nations have not been able to return to their growth trajectory while inflation remains high, the bank's cash balance, profit, or cash flow during the review period could be materially impacted.
3. Legal Proceedings Details
a. During this quarter, a lawsuit has been filed by or against the bank.
b. To date, no information has been received regarding any lawsuits filed against promoters or directors for activities against promoter/director rules or criminal offenses.
c. No information has been received regarding any case filed against any promoter or director of this bank concerning financial crimes.
4. Analysis of Company's Share Transactions
a. Fluctuations in share trading occur according to the prices and principles established by the open market.
b. Maximum, minimum, closing price, total trading days, and transaction numbers of shares during this quarterly period:
Maximum Price Rs. 278.00 Minimum Price Rs. 225.90 Closing Price Rs. 257.00 Transaction Count 13,146 Trading Days 61 Traded Shares Volume 65,90,093
5. Key Problems and Challenges
a. Internal Problems and Challenges
1. Risk of interest rate changes due to bank liquidity management and liquidity constraints.
2. Difficulty in achieving long-term stability in business investment opportunities due to the weak national economy and increased challenges in managing non-performing loans.
b. External Problems and Challenges
1. Regional impact arising from negative spillover effects of global geopolitical tensions on the national economy, with potential long-term uncertainty.
2. Risks arising from transformations due to political and economic changes in the country.
3. Business impact due to technical disasters (hacking, floods/landslides, etc.).
c. Strategy
- The bank has adopted a strategy to deliver fast, quality, and reliable services within reach of the general public through strong financial governance, efficient business plans, identification of new investment avenues, and customer-friendly banking services. The bank aims to operate in a manner that protects the best interests of depositors, borrowers, shareholders, and all stakeholders to benefit all parties.
- The bank will monitor non-performing loans, conduct detailed analysis, take legal procedures for recovery, and continue reducing non-performing loans (writing off within targeted timelines).
- The bank has adopted strategies to strengthen internal control systems, reinforce organizational governance, prioritize credit to small and medium enterprises (SMEs) and productive sectors to increase loan targets, and transform digital banking services through AI, data analytics, and robotics.
6. Corporate Governance
The bank fully complies with prevailing laws and regulations regarding corporate governance, adhering strictly to code-of-conduct provisions for directors and employees. To enhance governance and quality of risk management across the banking system, the bank conducts orientation/refresher programs for all directors on topics including transparency, openness, conflict of interest, compliance, and timely alignment with regulatory bodies, incorporating international best practices.
Since the bank's operations involve collecting deposits from the general public, it gives top priority to corporate governance and strictly implements a robust internal control system. The bank follows the directives issued by Nepal Rastra Bank and policies/rules passed by the Board of Directors in letter and spirit. Deficiencies pointed out by internal and external auditors are rectified immediately, and daily transactions are audited by the Risk-Based Internal Audit Department to strengthen internal control and risk management systems.
The bank operates with a view to enhancing public trust, increasing financial access among the general public, and expanding the banking network while making financial and corporate governance more transparent and effective.
7. Declaration by Chief Executive Officer on Truthfulness and Accuracy
I personally take responsibility for the truthfulness and accuracy of the information and details mentioned in this report up to this date. Furthermore, I declare that to the best of my knowledge and understanding, the details in this report are true, factual, and complete, and no information, facts, or data necessary for investors to make informed decisions have been concealed.