Kamana Sewa Bikas Bank Publishes Annual Financial Report, Shows Modest Profit Growth

Kamana Sewa Bikas Bank (KSBBL) has become the first development bank to publish the unaudited financial report for the previous fiscal year. The bank disclosed its performance up to the fourth quarter of FY 2081/82 (2024/25) on the second day of the new fiscal year (Shrawan 2). The report shows a slight growth in profit compared to the same period of the previous year.

As of the end of the last fiscal year, the bank recorded a net profit of NPR 635.2 million, a 9.19% increase from NPR 581.8 million in the previous fiscal year. This growth was primarily driven by higher net interest income and operating profit.

During the review period, the bank’s net interest income rose by 5.25%, while fee and commission income increased significantly by 15.04%. Operating expenses increased by 4.19%, and the operating profit saw a modest rise of 1.97%.

The total distributable profit of the bank for the year stood at NPR 607.4 million, resulting in distributable earnings per share (EPS) of NPR 17.30. The overall EPS reached NPR 18.10, up by 37 paisa compared to the previous year. The net worth per share was NPR 168.13, and the Price-to-Earnings (P/E) ratio stood at 27.69 times.

With a paid-up capital of NPR 3.51 billion, the bank has maintained a reserve fund of NPR 2.39 billion. As of the end of Ashad (mid-July), the bank had collected deposits worth NPR 62.83 billion and disbursed loans amounting to NPR 49.97 billion.