NIMB concludes 39th AGM with strong financial performance
During the AGM, the bank presented its annual report, auditor’s report, and financial statements for the previous fiscal year, followed by necessary discussions.
KATHMANDU: Nepal Investment Mega Bank Limited successfully held its 39th Annual General Meeting (AGM) on Wednesday at Alice Reception, chaired by the bank’s Chairperson, Prithvi Bahadur Pandey, with notable participation from shareholders.
During the AGM, the bank presented its annual report, auditor’s report, and financial statements for the previous fiscal year, followed by necessary discussions.
For the fiscal year 2081/82, the bank achieved a net profit of Rs 433 crore.
On the funding side, total deposits increased by Rs 6,948 crore, reaching Rs 47,600 crore, while loan disbursements expanded by Rs 2,084 crore, bringing total loans and advances to Rs 33,900 crore.
Investments also grew by Rs 3,587 crore, totaling Rs 14,200 crore.
On the equity front, the bank maintains a paid-up capital of Rs 3,413 crore, with total shareholders’ funds reaching Rs 6,498 crore.
The AGM highlighted the bank’s robust financial performance and ongoing commitment to growth and shareholder value.
