1st Quarter Report and Financial Analysis of Pathibhara Bikas Bank 2071/72

Kathmandu, Nov 11

Pathibhara Bikash Bank Limited has published its unaudited financial statement from first Quarter of the fiscal year 2071/72.

Pathibhara Bikas Bank distributing Bonus Share Certificate

Kathmandu, May 25

Pathibhara Bikas Bank Ltd. is going to distribute it bonus share certificate to its shareholder form today 25 May 2014 (11 Jestha, 2071).

3rd Quarter Report and Financial Analysis of Pathibhara Bikas Bank

Kathmandu, May 8

Pathibhara Bikas Bank Ltd. has posted net profit of Rs. 22.551 million during the 3rd quarter of fiscal year 2070/71

AGM of Pathibhara Bikas Bank

Kathmandu, April 25

Pathibhara Bikash Bank Ltd. has announced its 6th AGM to be held on 3 May, 2014 (20 Baishak, 2071) at Morang

AGM of Pathibhara Bikas Bank

Kathmandu, April 9

Pathibhara Bikas Bank Ltd has announced its upcoming 6th annual general meeting to be held on 3 May, 2014 (2071 Baishak 20).

2nd Quarter Report and Financial Analysis of Pathibhara Bikas Bank

Kathmandu, Feb 3

Pathibhara Bikas Bank Limited has posted net profit of Rs 14.5 million and published its 2nd quarter company analysis of the fiscal year 2070/71

Pathibhara Dev Bank and Sirjana Finance to Merge

Pathibhara and Sirjana merger

July 9, 2013

Pathibhara Development Bank and Sirjana Finance have agreed to merge with each other. The merger agreement was signed on July 7 by Chairman of Pathibhara Nawal Kumar Rai and Sirjana’s Chairman Suyash Pyakurel.

As per the officials of Pathibara Bikas Bank, both banks are waiting for a green signal from NRB for merger which will leads to stoppage of share trading in NESPE. Further, approval from NRB expected by today.

The new entity would be called Pathibhara Development Bank. The bank’s head office would be located in Biratnagar. 

Pathibhara has 12 branches where as Sirjana has 3. The banks operated in Jhapa, Morang, Sunsari and Saptari districts.

Pathibhara was established in 2064 and has 64 promoter shareholders and more than 10,000 general shareholders.

Brief financial highlights of two companies

Particulars	As of 3rd quarter 2069/70 of Pathibara	As of 1st quarter 2069/70 of Shrijana Finance
Paid Up Capital (Rs.)	100000	61600
Reserve and Surplus (Rs.)	27374.29	26364.17
Deposits (Rs.)	1348730.74	226450.65
Loan and Advances (Rs.)	923133.08	263643.76
Net Interest Income (Rs.)	47081.74	3077.92
Operating Profit (Rs.)	24115.98	1247.71
Net Profit (Rs.)	15349.27	984.91
Capital Adequacy (%)	12.02	32.91
NPA (%)	1.16	1.5
Cost of Fund (%)	7.95	-
CD Ratio (%)	62.54	-
Annualized EPS (Rs.)	20.46	6.4
P/E Ratio (Times)	3.86	25.75
Net Worth Per share (Rs.)	127.37	142.8
Last Trading Price	93	84

Source: sharesansar