Standard Chartered Bank Nepal Posts NPR 671.4 Million Net Profit in Q1: Operating Profit Surges Driven by Impairment Reversals

1st November 2026, Kathmandu

Standard Chartered Bank Nepal Limited has published its unverified financial results for the first quarter of the fiscal year 2083/84 (ending Mid-October 2026).

Standard Chartered Net Profit

The institution recorded a net profit of NPR 671.4 million during the review period. Although net profit saw a slight contraction of nearly 3 percent compared to NPR 692.1 million posted in the corresponding period of the previous fiscal year, the bank demonstrated strong operational profit gains and stable balance sheet expansion.

Earnings Summary and Operational Growth

The bank experienced an increase in its core operational profit, largely aided by lower impairment provision charges during the quarter.

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• Net Profit: Reported at NPR 671.4 million, marking a slight decline of approximately 3 percent compared to NPR 692.1 million in Q1 FY 2082/83.
• Operating Profit: Expanded to NPR 1.08 billion, up from NPR 989.3 million recorded in the baseline period.
• Net Interest Income: Stood at NPR 1.03 billion, compared to NPR 1.07 billion in the corresponding period of the previous year.
• Total Operating Income: Accumulated to NPR 1.63 billion for the review period.

Balance Sheet Expansion, Deposits, and Lending

The bank maintained positive growth momentum across deposit mobilization and loan disbursements over the baseline period.

• Total Deposit Mobilization: Accumulated to NPR 149.38 billion by the end of the first quarter.
• Total Credit and Advances: Expanded to NPR 67.22 billion.
• Total Assets: Reached NPR 180.92 billion during the review period.

Financial Ratios and Capital Position

Key performance metrics reflect sustained balance sheet strength and substantial reserve accumulation.

• Earnings Per Share (EPS): Recorded at NPR 26.74, down from NPR 27.57 in the baseline quarter.
• Non-Performing Loan (NPL) Ratio: Stood at 1.83 percent, compared to 1.71 percent in the corresponding period of the previous year.
• Paid-Up Capital: Maintained at NPR 10.00 billion.
• Reserve Fund: Accumulated to NPR 11.00 billion.
• Distributable Profit: Stood at NPR 2.22 billion, down from NPR 2.41 billion reported in the base period.

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