Kathmandu. Green Development Bank and Sindhu Bikas Bank last fiscal year 2081. A comparative study conducted by Insurance Khabar based on key financial indicators between the two banks when the financial statements of the fourth quarter of 82 were made public:
TAG_OPEN_strong_44 Green Development Bank TAG_CLOSE_span_33 TAG_CLOSE_strong_44 has a paid-up capital of Rs 569.6 million while Sindhu Bikas Bank has a paid-up capital of Rs 557.4 million.
retained earnings: Green Development Bank’s retained earnings stood at Rs 60.7 million while Sindhu Bikas Bank’s retained earnings stood at Rs 207.5 million.
TAG_OPEN_strong_42 Green Development Bank has a reserve TAG_CLOSE_span_31 TAG_CLOSE_strong_42 fund of Rs 65.1 million while Sindhu Bikas Bank has a reserve fund of Rs 133.4 million.
Deposits and loans: Green Development Bank collected deposits of Rs 6.37 billion and disbursed loans worth Rs 4.73 billion, while Sindhu Bikas Bank collected deposits of Rs 5.68 billion and disbursed loans worth Rs 3.25 billion.
Net interest income: Green Development Bank earned a net interest income of Rs 202 million, while Sindhu Bikas Bank earned Rs 133.7 million.
Operating profit: Green Development Bank has made an operating profit of Rs 98.7 million, while Sindhu Bikas Bank has made an operating profit of Rs 153.5 million.
Net profit: Green Development Bank has made a net profit of Rs 69.4 million, while Sindhu Bikas Bank has made a net profit of Rs 117.8 million.
Annual per share income: Based on financial statements, Green Development Bank’s annual earnings per share is Rs 12.18 while Sindhu Bikas Bank’s annual earnings per share is Rs 21.15.
Book value: Green Development Bank’s book value is Rs 122.11 and Sindhu Bikas Bank’s book value is Rs 86.70.
Bad loans: Green Development Bank’s bad loans are 3.33 per cent while Sindhu Bikas Bank’s bad loans are 6.03 per cent.
(Note: The analysis based on available data is not complete.) Take a decision after further research! The above news is not for stock trading purposes. )
