Sanima Bank concluded its 19th AGM

KATHMANDU: Sanima Bank Limited has successfully concluded its 19th Annual General Meeting (AGM) on Thursday.

The AGM authorized a 9% bonus share and a 5.70% cash dividend under the chairmanship of Mr. Tuk Prasad Poudel.

In the fiscal year 2079/80, Sanima achieved a net profit of NPR 2.61 billion, with total deposits and net loans & advances reaching NPR 178.85 billion and NPR 149.87 billion, respectively, while the total assets grew to NPR 215.64 billion.

These figures represent an increase of 12.56%, 5.78%, and 12.02% in total deposits, loans & advances, and total assets, respectively, compared to the fiscal year 2078/79.

Similarly, Bank’s prudential parameters as of Mid-July 2023 are as follows: