Global IME Bank Profit Rises to NPR 3.25 Billion
29th January 2026, Kathmandu
The financial performance of Global IME Bank Limited for the second quarter of the fiscal year 2082 2083 represents a period of steady growth and structural adaptation. According to the latest unaudited financial statements published at the end of Poush 2082 the bank has successfully navigated a complex interest rate environment to report a net profit of three point two five billion rupees. This figure marks a significant six point five zero percent increase compared to the three point zero five billion rupees recorded in the same period of the previous fiscal year. The results underscore the banks position as a leading financial institution in Nepal capable of maintaining profitability momentum even when core interest income faces downward pressure.
Global IME Bank Profit
A deeper look into the Global IME Bank Profit metrics reveals that the growth was largely driven by operational efficiencies and non interest income streams. While the net profit rose the banks net interest income actually saw a decline of three point three three percent falling to eight point zero two billion rupees. This trend is a reflection of the broader challenges in the Nepali banking sector where high deposit costs and narrowing interest spreads have squeezed margins. However Global IME Bank was able to mitigate this impact through better cost management and a focus on fee based income from its extensive branch network and digital platforms.
The banks operating profit also showed a positive trajectory rising by one point seven two percent to reach four point twenty seven billion rupees. Operating profit is a critical indicator of a banks core health as it excludes the impact of taxes and extraordinary items. The growth in this area suggests that the merger synergies from previous years are continuing to bear fruit allowing the bank to operate with a leaner cost structure. Furthermore the banks ability to diversify its revenue beyond traditional lending has provided a vital buffer during this period of economic consolidation.
Shareholder indicators remained strong during the second quarter. The bank reported an annualized earnings per share of seventeen point zero six rupees which is an improvement of over one rupee compared to the previous year. This increase in earnings per share is a positive signal for investors particularly those looking for consistent returns in a volatile market. The distributable profit for the period stood at two point four two billion rupees providing a solid foundation for future dividend distributions. With a net worth per share of one hundred seventy five point twenty nine rupees the bank remains well capitalized and financially stable.
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The balance sheet of Global IME Bank continues to be one of the largest in Nepal. By the end of Poush 2082 the bank had successfully mobilized deposits worth six hundred five point eighty eight billion rupees. On the lending side the bank extended loans and advances totaling four hundred thirty two point ninety six billion rupees. While credit expansion has been cautious due to the current economic climate the banks massive deposit base ensures high liquidity and the ability to fund large scale infrastructure projects as the economy recovers. This balanced approach to growth helps the bank manage its credit to deposit ratio within the regulatory limits set by Nepal Rastra Bank.
Asset quality remains a key area of focus for the management. The non performing loan ratio of the bank saw a marginal increase from four point eighty six percent to four point ninety one percent. While this rise is relatively small it reflects the ongoing stress in sectors like construction and manufacturing which have been slow to recover from recent liquidity constraints. The bank has responded by maintaining a prudent provisioning policy to ensure that its capital adequacy ratio remains healthy. Prudent risk management will be essential in the coming months to prevent further deterioration of the loan book and to protect the Global IME Bank Profit from potential credit losses.
In conclusion the second quarter results for 2082 2083 highlight Global IME Banks resilience. By leveraging its vast network and focusing on operational efficiency the bank has managed to grow its net profit despite a dip in net interest income. For shareholders and customers alike the bank remains a pillar of stability in the Nepali financial landscape. As the bank enters the second half of the fiscal year its ability to manage asset quality and maintain its low cost of funds will be the primary determinants of its continued success.
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