Muktinath Bikas Bank achieves impressive financial growth in FY 2081/82
The bank has earned a distributable profit of Rs 619.5 million, marking a significant increase compared to the previous year.
KATHMANDU: One of Nepal’s leading development (bikas) banks, Muktinath Bikas Bank, has reported remarkable financial progress by the end of Chaitra in the current fiscal year 2081/82.
The bank has earned a distributable profit of Rs 619.5 million, marking a significant increase compared to the previous year.
Based on this profit, the bank has shown the financial capability to distribute a dividend of 8.79 percent. With additional months remaining until the end of the fiscal year in Asar, the bank projects further profit growth, raising the likelihood of even more attractive returns for shareholders.
The bank’s loan portfolio has also grown notably, reaching Rs 97.13 billion.
In parallel, it has collected deposits worth Rs 113 billion, reflecting strong customer trust and effective banking services.
Muktinath Bikas Bank’s financial performance and strong business standing present a positive outlook for stock market investors.
The rise in distributable profit and dividend potential is expected to boost shareholder confidence.
The bank has emphasized its commitment to long-term financial strength and sustainability.
Its prudent credit management, risk reduction strategies, and adoption of modern technology have enabled it to maintain a strong presence in a competitive market.
Overall, the bank’s performance so far in this fiscal year has been encouraging.
