Shangrila Development Bank: A Fourteen-Year Financial Performance Review (Q4 2069/70 – Q4 2082/83)
Summary
Shangrila Development Bank has grown significantly over 14 years, increasing its assets to Rs. 66 billion and recording its highest net profit in Q4 2082/83. The bank expanded lending, maintained steady profitability recovery, and improved shareholder returns despite rising non-performing loans.
Key Points
- Shangrila Development Bank's total assets increased 18.04 times from Rs. 3.66 billion to Rs. 66.04 billion over 14 years.
- Loans and advances expanded 16.89 times, reaching Rs. 45.87 billion by Q4 2082/83.
- The bank recorded highest net profit of Rs. 88.99 crore in Q4 2082/83 with improved earnings per share and return on equity.
- Non-performing loans increased to 6.87%, indicating a deterioration in loan quality requiring closer monitoring.
