Garima Development Bank Profit Rises 28% as Financial Indicators Show Strong Growth
6th August 2026, Kathmandu
Garima Development Bank Limited has posted impressive financial growth for the fiscal year 2025/26.
Garima Bank Profit Rises
The latest financial statements released in Kathmandu reveal strong progress across core earnings, business expansion, and distributable reserves.
Net profit for the bank increased by 28.37% over the fiscal period. The official earnings summary confirms that total net profit grew from 1.29 billion Nepali Rupees in the prior fiscal year to 1.65 billion Nepali Rupees in the current review period.
Core Banking Income and Operating Performance
Core revenue streams provided solid momentum for Garima Development Bank throughout the year. Net interest income experienced steady expansion, rising by 5.64% to reach 3.82 billion Nepali Rupees up from 3.61 billion Nepali Rupees recorded previously.
Broader operational performance metrics showed similar upward momentum across the board. Total operating income rose by 7.27% from 4.26 billion Nepali Rupees to 4.57 billion Nepali Rupees. Operating profit logged a robust gain of 14.65%, climbing from 1.81 billion Nepali Rupees to pass 2.58 billion Nepali Rupees.
Deposit Expansion and Loan Growth
Garima Development Bank recorded substantial volume expansion in its daily commercial activities. Customer deposits surged to 98.47 billion Nepali Rupees by the close of the fiscal year compared to 90.11 billion Nepali Rupees in the preceding period.
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Lending operations expanded in step with deposit inflows to support credit demand. Total loans and advances issued to customers climbed from 69.13 billion Nepali Rupees to 78.24 billion Nepali Rupees over the course of the review period.
Distributable Profit and Per Share Indicators
The rise in overall profitability translated into a massive surge in available returns for equity holders. Distributable profit more than doubled, climbing from 599.2 million Nepali Rupees in the previous fiscal year to exceed 1.22 billion Nepali Rupees.
Per share earnings reflected this improved operational capability. Earnings per share increased from 21.96 Nepali Rupees to 28.04 Nepali Rupees. Net worth per share stood firm at 177.26 Nepali Rupees by the end of the year.
Capital Base and Key Financial Metrics
Garima Development Bank fortified its capital position to support future growth goals. Paid up capital expanded from 5.68 billion Nepali Rupees to 6.02 billion Nepali Rupees. Reserve funds similarly increased, rising from 2.98 billion Nepali Rupees to over 3.43 billion Nepali Rupees.
Efficiencies in funding costs helped preserve overall margins. The bank reported an enviable base rate of 5.26% alongside a low cost of funds at 3.53%.
The non performing loan ratio experienced a minor rise to 4.76%. Overall asset quality remained relatively stable despite this slight increase in credit default pressure.
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