Sanima Bank Concludes 20th Annual General Meeting, Approves 5.2632% Cash Dividend

Sanima Bank Limited held its 20th Annual General Meeting (AGM) on November 19, 2024, chaired by Mr. Tuk Prasad Poudel. The AGM approved a 5.2632% cash dividend (inclusive of tax).

In FY 2080/81, the bank earned a net profit of NPR 2.40 billion, with total deposits of NPR 199.38 billion, net loans & advances of NPR 164.94 billion, and total assets of NPR 233.86 billion.

Compared to FY 2079/80, deposits, loans & advances, and assets increased by 11.48%, 10.06%, and 8.45%, respectively.

As of mid-July 2024, the bank's non-performing loan ratio was 1.72%, capital fund to risk-weighted assets (RWA) was 13.21%, liquidity stood at 29.21%, and the credit-to-deposit ratio was 80.53%.