Green Development Bank’s profit rises to 10%

लगानी न्यूज

११ श्रावण २०८२, आईतवार ११:४३July 27, 2025

Kathmandu. Green Development Bank (GDB) has published the revised financial statements for the fourth quarter of the last fiscal year. According to the bank’s financial statement, the net profit has increased in the last financial year.

In the last financial year TAG_OPEN_div_28, the bank has earned a profit of Rs 69.48 million. The bank’s profit has increased by 79.53 percent compared to the previous fiscal year. In the previous fiscal year, the bank had earned a net profit of Rs 31.2million.

TAG_OPEN_div_26 The bank’s net interest income and operating profit have also improved in the last financial year. As a result, the bank’s profit and distributable profit has increased. The bank’s net interest income stood at Rs 202 million in the last fiscal year. The bank’s income has increased by 17.73 percent.

The bank had a net income TAG_OPEN_div_24 of Rs 171.61 million in the previous fiscal year. Similarly, the bank earned an operating profit of Rs 98.72 million in the last fiscal year. The operating profit of the bank has increased by 72.79 percent compared to the previous fiscal year. In the previous fiscal year, the bank’s net profit stood at Rs 57.13 million.

TAG_OPEN_div_22 The bank’s distributable profit increased by 94.70 percent during the period. The bank has earned a net profit of Rs 60.78 million till the end of the last fiscal year. The bank’s profit in the previous fiscal year was Rs 31.2million.

The paid-up capital TAG_OPEN_div_20 of the bank has also increased till the end of the last fiscal year as compared to the previous financial year. The paid-up capital of the bank increased by 5.79 percent to Rs 569.69 million in the last fiscal year from Rs 538.72 million in the previous fiscal year. As of this period, the paid-up capital of the bank stood at Rs 65.17 million.

Similarly, during this period, the bank collected deposits of Rs 6.37 billion and invested Rs 4.73 billion in loans. TAG_OPEN_div_18 The bank’s dividend capacity till this period is Rs 10.67.

TAG_OPEN_div_16 The bank’s earnings per share is 12.18 paise. Similarly, the net worth of the bank is Rs 122.11 per share. The bank’s bad loans stood at 3.33 per cent during the period under review. The bank’s base rate stood at 8.02 percent till last fiscal year.