Sanima Bank holds annual meeting and approves dividend distribution

Sanima Bank Limited held its twenty-second annual general meeting, bringing together stakeholders to deliberate on business plans and financial consolidation. Key performance indicators were shared during the gathering, reflecting the standing of the institution. The financial institution recorded a net profit during the previous fiscal year. Total assets reached two hundred ninety-one billion twenty-one crore NPR, while total deposits stood at two hundred forty-nine billion ninety-three crore NPR, alongside net loans of two hundred three billion ninety-nine crore NPR. Compared to the preceding fiscal year, deposits, loans, and total assets experienced increases of 10.84, 11.19, and 10.50 percent respectively. The institution also declared a dividend percentage on its ordinary share capital. Key metrics presented at the meeting included a non-performing loan ratio of 2.87 percent, a capital adequacy ratio of 12.83 percent, and a liquidity ratio of 30.68 percent, with the monthly average credit-to-deposit ratio maintained at 80.77 percent. During the proceedings, new directors representing ordinary shareholders were elected unopposed to the board.