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आधिकारिक सूचनाOfficial AnnouncementFinancial Analysis
29 Oct, 2026
वित्तीय संस्थाको प्रथम त्रैमासिक अपरिष्कृत वित्तीय विवरण

वित्तीय संस्थाको प्रथम त्रैमासिक अपरिष्कृत वित्तीय विवरणUnaudited Financial Results for the 1st Quarter

वर्ग:Category:
Financial Analysis
प्रकाशित मिति:Published:
Published on October 29, 2026

Condensed Consolidated Statement of Financial Position

For the quarter ended 31st Ashwin 2083

Group

Particular This Quarter Ending Ashad End 2083 (Audited)
Assets
Cash and cash equivalent17,733,994,53318,977,175,311
Due from Nepal Rastra Bank13,206,299,60617,425,283,302
Placement with Bank and Financial Institutions12,303,484,9886,554,908,164
Derivative financial instruments245,638,040-
Other trading assets854,182,849863,184,398
Loan and advances to B/FIs8,062,951,9898,105,261,170
Loans and advances to customers199,321,434,985195,816,191,928
Investment securities40,158,766,33437,758,010,092
Current tax assets--
Investment in subsidiaries--
Investment in associates--
Investment property1,316,865,4061,179,630,123
Property and equipment1,333,523,8361,370,920,505
Goodwill and Intangible assets191,148,250179,465,061
Deferred tax assets222,084,663203,992,254
Other assets2,792,915,8862,804,830,167
Total Assets297,743,291,365291,238,852,475
Liabilities
Due to Bank and Financial Institutions3,271,658,0131,034,958,404
Due to Nepal Rastra Bank--
Derivative financial instruments-147,161,716
Deposits from customers253,567,980,468248,534,669,215

Borrowing 28,724,755 -

Current Tax Liabilities379,656,713144,993,383
Provisions68,491,17783,004,161
Deferred tax liabilities--
Other liabilities3,692,048,2384,149,586,739
Debt securities issued9,386,178,5009,385,216,000
Subordinated Liabilities--
Total liabilities270,394,737,863263,479,589,617
Equity
Share capital15,581,525,41415,581,525,414
Share premium--
Retained earnings2,144,266,7943,006,686,552
Reserves9,622,761,2939,171,050,891
Total equity attributable to equity holders27,348,553,50127,759,262,858
Non-controlling interest--
Total Equity27,348,553,50127,759,262,858
Total Liabilities and Equity297,743,291,365291,238,852,475

Condensed Consolidated Statement of Profit or Loss

For the quarter ended 31st Ashwin 2083

Group

Current Year Previous Year Corresponding

ParticularThis Quarter Up toThis Quarter (YTD)This Quarter Up toThis Quarter (YTD)
Interest income4,059,321,5354,059,321,5354,332,909,7084,332,909,708
Interest expense2,211,649,7712,211,649,7712,642,495,1732,642,495,173
Net interest income1,847,671,7641,847,671,7641,690,414,5351,690,414,535
Fee and commission income520,108,964520,108,964386,311,061386,311,061
Fee and commission expense38,591,34938,591,34946,208,24146,208,241
Net fee and commission income481,517,615481,517,615340,102,821340,102,821
Net interest, fee and commission income2,329,189,3792,329,189,3792,030,517,3562,030,517,356
Net trading income367,310,876367,310,876146,175,870146,175,870
Other operating income372,325,534372,325,534191,757,786191,757,786
Total operating income3,068,825,7893,068,825,7892,368,451,0122,368,451,012
Impairment charge/(reversal) for loans and other losses330,976,201330,976,201956,775,280956,775,280
Net operating income2,737,849,5882,737,849,5881,411,675,7321,411,675,732
Operating expense
Personnel expenses626,439,478626,439,478490,102,851490,102,851
Amount In NPR
d. Short loan loss provision on Non Banking Assets (-)/reversal (+)(68,302,000)(43,462,849)
e. Deferred tax assets recognized (-)/ reversal (+)--
f. Goodwill recognized (-)/ impairment of Goodwill (+)--
g. Bargain purchase gain recognized (-)/reversal (+)--
h. Actuarial loss recognized (-)/reversal (+)--
i. Other (+/-)(13,462,182)1,499,032
Net Profit for the Qtr ended Ashwin2083562,033,56827,541,955
Opening retained earning as on Shrawan12,884,956,9372,102,906,994
Distribution
Bonus Share issued--
Cash Dividend paid(1,410,590,898)-
Total Distributable profit or (loss) as on qrt end date2,036,399,6082,130,448,949
Cash Dividend distributable on preference shares(42,041,096)-
Total Distributable profit to Ordinary Shareholders1,994,358,5122,130,448,949
Annualized Distributable Profit/Loss per Ordinary Share27.5819.27

• Above financials have been prepared in accordance with Nepal Financial Reporting Standards (NFRS), including the carve-outs as issued by the Institute of Chartered Accountants of Nepal.

• Loans and advances include interest receivables and staff loans which are presented net of impairment loss.

• Interest accrued on loans falling under stage 3 has been recognized as income on cash basis (incremental) approach.

• Impairment loss on credit exposures has been measured and recognised as the higher of total Expected Credit Loss as per NFRS 9 and existing regulatory provisions as per NRB Directives in line with Expected Credit Loss Related Guidelines, 2024 issued by NRB.

• Personnel expenses include provision for employee bonus and amortization of prepayment amount of subsidized loans provided to the employees of the Bank.

• Actuarial valuation for employee benefits is done on annual basis only.

• Previous period figures have been regrouped and rearranged wherever necessary.

• Ordinary shares have only been taken for computing earnings per share and return on equity.

• The detailed interim report has been published in the Bank's website.

Related Party Disclosures:

• Group represents Sanima Bank Ltd. and its 100% subsidiaries Sanima Capital Ltd and Sanima Securities Ltd.

• All inter-company transactions are executed on arm's length basis. All inter-company transactions and outstanding balances amongst group companies have been eliminated in the above statements related to group.

• The Bank has Rs. 541.89 million as various deposits of its subsidiaries at this quarter end. The Bank paid net interest amount Rs. 1.38 million on such deposits during the reporting period. The Bank has also outstanding loan of Rs. 45.80 million provided to its subsidiaries at this quarter end. The Bank earned interest of Rs. 0.85 million on such loans during the reporting period.

• The Bank has entered into Service Level Agreement with Sanima Capital Ltd to provide operational and technical assistance for a fee of Rs. 2.42 million for the year 2026-27.

• The Bank has entered into Service Level Agreement with Sanima Securities Ltd to provide operational and technical assistance for a fee of Rs. 0.6 million for the year 2026-27.

• The Bank has appointed Sanima Capital Ltd as its share registrar.

धितोपत्र दर्ता तथा निष्काशन नियमावली २०७३ को अनुसूची १४ बमोजिमको विवरण

(नियम २६ को उपनियम (१) सँग सम्बन्धित)

१. वित्तीय विवरण

क) बैंकको आ.व. २०८३/८४ को पहिलो त्रैमासको वित्तीय विवरण यसै साथ प्रकाशित गरिएको छ ।

ख) प्रमुख वित्तीय अनुपातहरू

प्रति शेयर आम्दानी (रू.) २९.१७

प्रति शेयर कुल सम्पत्ति (रू.) २,९९३.८६

मूल्य आम्दानी अनुपात १३.४७

तरलता अनुपात (%) २९.४२

प्रति शेयर नेटवर्थ (रू.) १८५.५४

*प्रति शेयर अनुपातहरू गणना गर्दा साधारण शेयर मात्र लिइएको ।

२. व्यवस्थापकीय विश्लेषण

क) समूच्च आर्थिक प्रतिकूलताको बाबजुद बैंकको व्यवसायमा गुणात्मक वृद्धि भएको छ ।

ख) दीर्घ आर्थिक विकासका लागि बैंकले विश्वसनीय तवरबाट सदैभैं सरोकारवालाहरूको हित संरक्षण गर्दै विशुद्ध बैंकिङ सुविधा प्रदान गर्दै जानेछ ।

ग) समीक्षा अवधिमा बैंकको मौज्दात, नाफा वा नगद प्रवाहमा तात्विक असर पार्ने कुनै घटना, अवस्था आदि नभएको ।

३. कानूनी कारवाही सम्बन्धी विवरण

क) त्रैमासिक अवधिमा संगठित संस्थाले वा संस्था विरुद्ध कुनै मुद्दा दायर भएको भए ।

• यस त्रैमासमा बैंकको सामान्य व्यावसायिक कारोबार सम्बन्धी मुद्दा बाहेक व्यवसायमा तात्विक असर पर्ने गरी बैंकले वा बैंकको विरुद्ध कुनै मुद्दा दायर नभएको ।

ख) संगठित संस्थाको संस्थापक वा संचालकले संस्थापक वा संचालकको विरुद्धमा प्रचलित नियमको अवज्ञा वा फौजदारी अपराध गरेको सम्बन्धमा दायर मुद्दा ।

Other operating expenses306,349,501306,349,501243,600,031243,600,031300,366,010
Depreciation & Amortization62,151,65962,151,65952,765,44052,765,44060,010,558
Operating Profit1,742,908,9491,742,908,949625,207,390625,207,3901,745,560,197
Non operating income655,734655,7341,115,5641,115,564655,734
Non operating expense255,701,425255,701,42524,395,44724,395,447255,701,425
Profit before income tax1,487,863,2591,487,863,259601,927,508601,927,5081,490,514,507
Income tax expense
Current Tax444,298,536444,298,536188,710,552188,710,552439,046,101
Deferred Tax3,340,4363,340,436(7,965,387)(7,965,387)-
Profit for the period1,040,224,2861,040,224,286421,182,343421,182,3431,051,468,405

Condensed Consolidated Statement of Other Comprehensive Income

Profit/(Loss) for the period1,040,224,2861,040,224,286421,182,343421,182,3431,051,468,405
Other comprehensive income(42,189,845)(42,189,845)(33,048,949)(33,048,949)(35,483,711)
Total Comprehensive Income998,034,442998,034,442388,133,395388,133,3951,015,984,694
Basic earnings per share28.8512.17
Diluted earnings per share28.8512.17
Profit attributable to:
Equity holders of the Bank1,040,224,2861,040,224,286421,182,343421,182,3431,051,468,405
Non-controlling interest-----
Total1,040,224,2861,040,224,286421,182,343421,182,3431,051,468,405
Ratios as per NRB Directive
Group
Particular Current Year Up to This Quarter (YTD) Previous Year Corresponding Up to This Quarter (YTD) Current Year Up to This Quarter (YTD)
Capital Fund to RWA (%)12.3712.7612.37
Tier I Capital to RWA (%)9.709.519.70
CET I Capital to RWA (%)8.889.518.88
Gross Non Performing Loan (NPL) to Total Loan (%)2.863.912.86
Net Non Performing Loan (NPL) to Total Loan (%)1.081.581.08
Total Loan Loss Provision to Total NPL (%)136.71105.46136.71
Monthly Cost of Funds (%)3.354.323.35
Credit To Deposit Ratio (%)78.6579.2378.65
Monthly Base Rate (%)4.605.594.60
Interest Rate Spread (%)3.173.653.17
Return on Equity (%)15.337.0615.60
Return on Total Assets (%)1.390.621.40

Statement of Distributable Profit or Loss, For the quarter ended 31st Ashwin 2083 (As per NRB Regulation)

Particular Current Year Upto this Qtr YTD

Net profit or (loss) as per statement of profit or loss 1,051,468,405

Appropriations:

a. General reserve (210,293,681)

b. Foreign exchange fluctuation fund -

c. Capital redemption reserve -

d. Corporate social responsibility fund (10,514,684)

e. Employees' training fund -

f. Investment Adjustment Reserve -

g. Other -

Debenture redemption reserve (190,016,667)

Transfer from corporate social responsibility fund 24,310,000

Transfer from fair value reserve 5,750,000

Reversal of deferred tax liability/(asset) 2,492,028

Profit or (loss) before regulatory adjustment 673,200,000

Regulatory adjustment :

a. Interest receivable (-)/previous accrued interest received (+) (29,411,388)

b. Short loan loss provision in accounts (-)/reversal (+)

c. Short provision for possible losses on investment (-)/reversal (+)

• यस सम्बन्धी कुनै जानकारी प्राप्त नभएको ।

ग) कुनै संस्थापक वा संचालक विरुद्ध आर्थिक अपराध गरेको सम्बन्धमा कुनै मुद्दा दायर भएको भए ।

• यस सम्बन्धी कुनै जानकारी प्राप्त नभएको ।

४. संगठित संस्थाको शेयर कारोबार सम्बन्धी विश्लेषण

क) धितोपत्र बजारमा सुचिकृत रहेको यस बैंकको शेयरको कारोबार मूल्य खुल्ला बजारले निर्धारण गर्ने भएकाले यस सम्बन्धमा व्यवस्थापनको धारणा तटस्थ रहेको छ ।

ख) समीक्षा अवधिमा शेयरको अधिकतम, न्यूनतम र अन्तिम मूल्य, कुल कारोबार भएको दिन र कुल कारोबार भएको संख्या र शेयर विवरण देहाय बमोजिम रहेको छ ।

अधिकतम मूल्य (रू.) ३९७.०० कूला कारोबार दिन ६१

न्यूनतम मूल्य (रू.)३५०.१०१७,५७६
आश्विन मसान्तको अन्तिम मूल्य (रू.)३९२.९०६९,२१,७८२

५. समस्या तथा चुनौती

क) आन्तरिक समस्या तथा चुनौती

• ब्याज तथा गैरब्याज आम्दानीको वृद्धिमा चुनौती ।

• कर्जा असुलीमा चाप तथा निष्कृय कर्जा व्यवस्थापनमा चुनौती ।

ख) बाह्य समस्या र चुनौती

• कर्जाको माग तथा निक्षेप वृद्धिमा सन्तुलन नहुनु ।

• सूचना प्रविधिको क्षेत्रमा देखा परेका नयाँ किसिमका चुनौतीहरू ।

• राष्ट्रिय तथा अन्तर्राष्ट्रिय अर्थतन्त्रको संकुचनबाट उत्पन्न हुन सक्ने जोखिमहरू तथा असुलीमा चाप ।

• नीतिनिर्देशन तथा कानुनहरूमा हुने परिवर्तनले उत्पन्न हुनसक्ने सम्भावित चुनौतीहरू ।

ग) रणनीति

• निक्षेप तथा कर्जाको विविधिकरण ।

• आयआर्जन गर्ने नयाँ क्षेत्रहरू विस्तार तथा निक्षेप परिचालनमा जोड ।

• समय सापेक्ष प्रविधिमा आधारित नयाँ सेवाहरूको विकास ।

• पूँजीकोष वृद्धि ।

• निष्कृय कर्जा व्यवस्थापन ।

• कर्जा असुलीलाई विशेष प्राथमिकता ।

• समग्र जोखिम व्यवस्थापनको आधारभुत पक्षहरूको मजबुतीकरण ।

६. संस्थागत सुशासन

• बैंक तथा वित्तीय संस्था सम्बन्धी ऐन, २०७३, नेपाल राष्ट्र बैंकद्वारा जारी गरिएका निर्देशन तथा परिपत्रहरूको पूर्ण रूपमा पालना गरिएको छ । संस्थागत सुशासनलाई सदैव उच्च प्राथमिकतामा राख्दै आएको र संस्थागत सुशासन सम्बन्धी निर्देशन तथा परिपत्रहरूको अक्षरशः पालना गरिएको छ ।

• बैंकको समग्र जोखिम व्यवस्थापन कार्यलाई मजबुत पार्न, संचालन जोखिम कम गर्न तथा आन्तरिक प्रक्रियाहरूलाई व्यवस्थित गर्न जोखिम व्यवस्थापन समिति (Risk Management Committee) गठन गरिएको छ । आन्तरिक नियन्त्रण प्रणाली व्यवस्थित गर्न लेखापरीक्षण समिति (Audit Committee) गठन गरिएको छ जसले बाह्य तथा आन्तरिक लेखापरीक्षकबाट दिइएका सुझाव तथा निर्देशनहरूलाई कार्यान्वयन गराउनुका साथै आन्तरिक नियन्त्रण प्रणालीलाई अझ सुदृढ बनाउन व्यवस्थापनलाई सल्लाह र सुझावहरू दिदै आइरहेको छ । त्यस्तै सम्पत्ति शुद्धीकरण सम्बन्धी कार्यहरूको अनुपालनाको अवस्था विश्लेषण गर्न सम्पत्ति शुद्धीकरण समिति क्रियाशील रहेको छ ।

• कारोबारलाई छिटो, छरितो, चुस्त तथा वैज्ञानिक बनाउन तथा अन्य आवश्यक रणनीति तय गर्न व्यवस्थापन समिति (MANCOM), कर्जा जोखिम व्यवस्थापन समिति (Credit Risk Management Committee), सम्पत्ति/दायित्व व्यवस्थापन समिति (ALCO) लगायतका विभिन्न समितिहरू क्रियाशील रहेका छन् ।

• नेपाल राष्ट्र बैंकको निर्देशन, स्थलगत निरीक्षण प्रतिवेदन, आन्तरिक तथा बाह्य लेखापरीक्षण प्रतिवेदनमा औंल्याइएका सुझाव तथा निर्देशनहरूलाई यस बैंकले सदैव पालना गर्दै आएको छ । संस्थागत सुशासनको पूर्ण पालना गर्दै यसलाई अझ सुदृढ बनाउँदै लैजान यस बैंकको संचालक समिति र व्यवस्थापन प्रतिबद्ध रहेको छ ।

७. सत्यतथ्य सम्बन्धमा कार्यकारी प्रमुखको उद्घोषण

आजका मितिसम्म यस प्रतिवेदनमा उल्लिखित जानकारी तथा विवरणहरूको शुद्धता सम्बन्धमा म व्यक्तिगत रूपमा उत्तरदायित्व लिन्छु । साथै, मैले जानेबुझेसम्म यस प्रतिवेदनमा उल्लिखित विवरणहरू सत्य, तथ्य र पूर्ण छन् तथा लगानीकर्ताहरूलाई सुसूचित निर्णय लिन आवश्यक कुनै विवरण, सूचना तथा जानकारीहरू लुकाइएको छैन भन्ने कुराको म उद्घोष गर्दछु ।

Condensed Consolidated Statement of Financial Position

For the quarter ended 31st Ashwin 2083

Group

Particular This Quarter Ending Ashad End 2083 (Audited)
Assets
Cash and cash equivalent17,733,994,53318,977,175,311
Due from Nepal Rastra Bank13,206,299,60617,425,283,302
Placement with Bank and Financial Institutions12,303,484,9886,554,908,164
Derivative financial instruments245,638,040-
Other trading assets854,182,849863,184,398
Loan and advances to B/FIs8,062,951,9898,105,261,170
Loans and advances to customers199,321,434,985195,816,191,928
Investment securities40,158,766,33437,758,010,092
Current tax assets--
Investment in subsidiaries--
Investment in associates--
Investment property1,316,865,4061,179,630,123
Property and equipment1,333,523,8361,370,920,505
Goodwill and Intangible assets191,148,250179,465,061
Deferred tax assets222,084,663203,992,254
Other assets2,792,915,8862,804,830,167
Total Assets297,743,291,365291,238,852,475
Liabilities
Due to Bank and Financial Institutions3,271,658,0131,034,958,404
Due to Nepal Rastra Bank--
Derivative financial instruments-147,161,716
Deposits from customers253,567,980,468248,534,669,215

Borrowing 28,724,755 -

Current Tax Liabilities379,656,713144,993,383
Provisions68,491,17783,004,161
Deferred tax liabilities--
Other liabilities3,692,048,2384,149,586,739
Debt securities issued9,386,178,5009,385,216,000
Subordinated Liabilities--
Total liabilities270,394,737,863263,479,589,617
Equity
Share capital15,581,525,41415,581,525,414
Share premium--
Retained earnings2,144,266,7943,006,686,552
Reserves9,622,761,2939,171,050,891
Total equity attributable to equity holders27,348,553,50127,759,262,858
Non-controlling interest--
Total Equity27,348,553,50127,759,262,858
Total Liabilities and Equity297,743,291,365291,238,852,475

Condensed Consolidated Statement of Profit or Loss

For the quarter ended 31st Ashwin 2083

Group

Current Year Previous Year Corresponding

ParticularThis Quarter Up toThis Quarter (YTD)This Quarter Up toThis Quarter (YTD)
Interest income4,059,321,5354,059,321,5354,332,909,7084,332,909,708
Interest expense2,211,649,7712,211,649,7712,642,495,1732,642,495,173
Net interest income1,847,671,7641,847,671,7641,690,414,5351,690,414,535
Fee and commission income520,108,964520,108,964386,311,061386,311,061
Fee and commission expense38,591,34938,591,34946,208,24146,208,241
Net fee and commission income481,517,615481,517,615340,102,821340,102,821
Net interest, fee and commission income2,329,189,3792,329,189,3792,030,517,3562,030,517,356
Net trading income367,310,876367,310,876146,175,870146,175,870
Other operating income372,325,534372,325,534191,757,786191,757,786
Total operating income3,068,825,7893,068,825,7892,368,451,0122,368,451,012
Impairment charge/(reversal) for loans and other losses330,976,201330,976,201956,775,280956,775,280
Net operating income2,737,849,5882,737,849,5881,411,675,7321,411,675,732
Operating expense
Personnel expenses626,439,478626,439,478490,102,851490,102,851
Amount In NPR
d. Short loan loss provision on Non Banking Assets (-)/reversal (+)(68,302,000)(43,462,849)
e. Deferred tax assets recognized (-)/ reversal (+)--
f. Goodwill recognized (-)/ impairment of Goodwill (+)--
g. Bargain purchase gain recognized (-)/reversal (+)--
h. Actuarial loss recognized (-)/reversal (+)--
i. Other (+/-)(13,462,182)1,499,032
Net Profit for the Qtr ended Ashwin2083562,033,56827,541,955
Opening retained earning as on Shrawan12,884,956,9372,102,906,994
Distribution
Bonus Share issued--
Cash Dividend paid(1,410,590,898)-
Total Distributable profit or (loss) as on qrt end date2,036,399,6082,130,448,949
Cash Dividend distributable on preference shares(42,041,096)-
Total Distributable profit to Ordinary Shareholders1,994,358,5122,130,448,949
Annualized Distributable Profit/Loss per Ordinary Share27.5819.27

• Above financials have been prepared in accordance with Nepal Financial Reporting Standards (NFRS), including the carve-outs as issued by the Institute of Chartered Accountants of Nepal.

• Loans and advances include interest receivables and staff loans which are presented net of impairment loss.

• Interest accrued on loans falling under stage 3 has been recognized as income on cash basis (incremental) approach.

• Impairment loss on credit exposures has been measured and recognised as the higher of total Expected Credit Loss as per NFRS 9 and existing regulatory provisions as per NRB Directives in line with Expected Credit Loss Related Guidelines, 2024 issued by NRB.

• Personnel expenses include provision for employee bonus and amortization of prepayment amount of subsidized loans provided to the employees of the Bank.

• Actuarial valuation for employee benefits is done on annual basis only.

• Previous period figures have been regrouped and rearranged wherever necessary.

• Ordinary shares have only been taken for computing earnings per share and return on equity.

• The detailed interim report has been published in the Bank's website.

Related Party Disclosures:

• Group represents Sanima Bank Ltd. and its 100% subsidiaries Sanima Capital Ltd and Sanima Securities Ltd.

• All inter-company transactions are executed on arm's length basis. All inter-company transactions and outstanding balances amongst group companies have been eliminated in the above statements related to group.

• The Bank has Rs. 541.89 million as various deposits of its subsidiaries at this quarter end. The Bank paid net interest amount Rs. 1.38 million on such deposits during the reporting period. The Bank has also outstanding loan of Rs. 45.80 million provided to its subsidiaries at this quarter end. The Bank earned interest of Rs. 0.85 million on such loans during the reporting period.

• The Bank has entered into Service Level Agreement with Sanima Capital Ltd to provide operational and technical assistance for a fee of Rs. 2.42 million for the year 2026-27.

• The Bank has entered into Service Level Agreement with Sanima Securities Ltd to provide operational and technical assistance for a fee of Rs. 0.6 million for the year 2026-27.

• The Bank has appointed Sanima Capital Ltd as its share registrar.

Details as per Schedule 14 of Securities Registration and Issue Regulations, 2073

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

1. Financial Statements

a) The financial statements for the first quarter of FY 2083/84 of the Bank are published herewith.

b) Key Financial Ratios

Earnings Per Share (NPR) 29.17

Total Assets Per Share (NPR) 2,993.86

Price Earnings Ratio 13.47

Liquidity Ratio (%) 29.42

Net Worth Per Share (NPR) 185.54

*Only ordinary shares were taken into consideration while calculating per share ratios.

2. Management Analysis

a) Qualitative growth has been achieved in the Bank's business despite overall economic adversities.

b) For long-term economic development, the Bank will reliably continue to provide pure banking services while protecting the interests of all stakeholders as always.

c) No events or circumstances occurred during the review period that would significantly affect the Bank's reserve, profit, or cash flow.

3. Details Regarding Legal Actions

a) Cases filed by or against the corporate entity during the quarter:

• Except for cases related to ordinary commercial transactions of the Bank, no lawsuit has been filed by or against the Bank that would significantly impact the business during this quarter.

b) Cases filed regarding violation of prevailing rules or criminal offenses committed by promoter or director of the corporate entity against promoter or director:

Other operating expenses306,349,501306,349,501243,600,031243,600,031300,366,010
Depreciation & Amortization62,151,65962,151,65952,765,44052,765,44060,010,558
Operating Profit1,742,908,9491,742,908,949625,207,390625,207,3901,745,560,197
Non operating income655,734655,7341,115,5641,115,564655,734
Non operating expense255,701,425255,701,42524,395,44724,395,447255,701,425
Profit before income tax1,487,863,2591,487,863,259601,927,508601,927,5081,490,514,507
Income tax expense
Current Tax444,298,536444,298,536188,710,552188,710,552439,046,101
Deferred Tax3,340,4363,340,436(7,965,387)(7,965,387)-
Profit for the period1,040,224,2861,040,224,286421,182,343421,182,3431,051,468,405

Condensed Consolidated Statement of Other Comprehensive Income

Profit/(Loss) for the period1,040,224,2861,040,224,286421,182,343421,182,3431,051,468,405
Other comprehensive income(42,189,845)(42,189,845)(33,048,949)(33,048,949)(35,483,711)
Total Comprehensive Income998,034,442998,034,442388,133,395388,133,3951,015,984,694
Basic earnings per share28.8512.17
Diluted earnings per share28.8512.17
Profit attributable to:
Equity holders of the Bank1,040,224,2861,040,224,286421,182,343421,182,3431,051,468,405
Non-controlling interest-----
Total1,040,224,2861,040,224,286421,182,343421,182,3431,051,468,405
Ratios as per NRB Directive
Group
Particular Current Year Up to This Quarter (YTD) Previous Year Corresponding Up to This Quarter (YTD) Current Year Up to This Quarter (YTD)
Capital Fund to RWA (%)12.3712.7612.37
Tier I Capital to RWA (%)9.709.519.70
CET I Capital to RWA (%)8.889.518.88
Gross Non Performing Loan (NPL) to Total Loan (%)2.863.912.86
Net Non Performing Loan (NPL) to Total Loan (%)1.081.581.08
Total Loan Loss Provision to Total NPL (%)136.71105.46136.71
Monthly Cost of Funds (%)3.354.323.35
Credit To Deposit Ratio (%)78.6579.2378.65
Monthly Base Rate (%)4.605.594.60
Interest Rate Spread (%)3.173.653.17
Return on Equity (%)15.337.0615.60
Return on Total Assets (%)1.390.621.40

Statement of Distributable Profit or Loss, For the quarter ended 31st Ashwin 2083 (As per NRB Regulation)

Particular Current Year Upto this Qtr YTD

Net profit or (loss) as per statement of profit or loss 1,051,468,405

Appropriations:

a. General reserve (210,293,681)

b. Foreign exchange fluctuation fund -

c. Capital redemption reserve -

d. Corporate social responsibility fund (10,514,684)

e. Employees' training fund -

f. Investment Adjustment Reserve -

g. Other -

Debenture redemption reserve (190,016,667)

Transfer from corporate social responsibility fund 24,310,000

Transfer from fair value reserve 5,750,000

Reversal of deferred tax liability/(asset) 2,492,028

Profit or (loss) before regulatory adjustment 673,200,000

Regulatory adjustment :

a. Interest receivable (-)/previous accrued interest received (+) (29,411,388)

b. Short loan loss provision in accounts (-)/reversal (+)

c. Short provision for possible losses on investment (-)/reversal (+)

• No information has been received regarding this.

c) If any case has been filed against any promoter or director regarding financial crime.

• No information has been received regarding this.

4. Analysis Regarding Share Transactions of the Corporate Entity

a) Since the share trading price of this Bank, which is listed in the securities market, is determined by the open market, management's view in this regard remains neutral.

b) During the review period, the maximum, minimum, and closing price of shares, total trading days, total number of transactions, and share details are as follows:

Maximum Price (Rs.) 397.00 Total Trading Days 61

Minimum Price (Rs.)350.1017,576
End-Ashwin Closing Price (Rs.)392.9069,21,782

5. Problems and Challenges

a) Internal Problems and Challenges

• Challenge in increasing interest and non-interest income.

• Pressure on loan recovery and challenge in non-performing loan management.

b) External Problems and Challenges

• Imbalance between loan demand and deposit growth.

• New types of challenges emerging in the field of Information Technology.

• Risks that may arise from contraction of national and international economies and pressure on recovery.

• Potential challenges that may arise due to changes in directives and laws.

c) Strategy

• Diversification of deposits and loans.

• Expansion of new income-generating sectors and emphasis on deposit mobilization.

• Development of new time-relevant technology-based services.

• Capital adequacy enhancement.

• Non-performing loan management.

• Special priority to loan recovery.

• Strengthening fundamental aspects of overall risk management.

6. Corporate Governance

• The Bank and Financial Institutions Act, 2073, and directives as well as circulars issued by Nepal Rastra Bank have been fully complied with. Corporate governance has always been kept at high priority and directives and circulars regarding corporate governance have been followed in letter and spirit.

• To strengthen the overall risk management function of the bank, reduce operational risk, and systemize internal processes, a Risk Management Committee has been formed. To systemize the internal control system, an Audit Committee has been formed which, along with implementing suggestions and directives provided by external and internal auditors, continuously provides advice and suggestions to management to make the internal control system stronger. Likewise, an Anti-Money Laundering Committee is active to analyze the compliance status of anti-money laundering activities.

• To make operations fast, prompt, efficient, and scientific, and to formulate other required strategies, various committees including Management Committee (MANCOM), Credit Risk Management Committee, and Asset/Liability Management Committee (ALCO) remain active.

• This bank has always complied with suggestions and directives pointed out in Nepal Rastra Bank's directives, on-site inspection reports, and internal and external audit reports. The board of directors and management of this bank are committed to making corporate governance stronger while maintaining full compliance.

7. Declaration by Chief Executive on Truthfulness and Accuracy

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

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