Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: Global IME Bank Limited has reported a net profit of Rs 6.20 billion for the fiscal year 2081/82 (2024/25), marking a modest 1.09% year-on-year growth despite a marginal decline in net interest income. According to the bank’s annual financial disclosure, the profit compares to Rs 6.13 billion in the previous fiscal year.
The bank’s net interest income fell by 0.85% to Rs 16.71 billion from Rs 16.85 billion a year earlier. However, its distributable profit surged sharply to Rs 5.38 billion from just Rs 506.7 million last year, enabling a dividend distribution potential of 14.11%.
As of the review period, the bank’s paid-up capital stood at Rs 38.11 billion, while reserves reached Rs 24.21 billion.
Revenue and Operational Performance Global IME Bank’s net fees and commission income jumped 20.12% to Rs 3.22 billion, while total operating income grew by 3.01% to Rs 21.27 billion. However, operating profit slipped by 2.75% to Rs 8.77 billion, reflecting tighter margins and cost pressures in the banking sector.
Deposit and Loan Growth Customer deposits increased by 12.95% to Rs 550.62 billion, up from Rs 487.45 billion last year. Similarly, loans and advances expanded by 11.46% to Rs 411.79 billion, compared to Rs 369.42 billion in the prior year, reflecting continued credit demand in the market.
Key Financial Indicators The bank’s earnings per share (EPS) stood at Rs 16.28, slightly down from Rs 16.99 last year. The net worth per share was reported at Rs 177.63, while the price-to-earnings (P/E) ratio was 15.95 times, indicating stable investor sentiment.
However, non-performing loans (NPLs) rose to 4.87% from 4.17% a year earlier, raising concerns about asset quality in the current economic climate. Return on equity (ROE) stood at 9.61%.
With its improved distributable profit and strong capital base, Global IME Bank is expected to maintain competitive dividend payouts, a key factor for investors in Nepal’s banking sector.
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