Rastriya Banijya Bank Celebrates 59 Years of Sustained Profitability Over Two Decades

Rastriya Banijya Bank has been continuously earning profits since the fiscal year 2060/61. In the last fiscal year 2079/80, the bank earned a net profit of Rs. 3.59 billion. Rastriya Banijya Bank is on the second place in the list of banks that earned the highest net profit last year. Last year, the bank distributed 5.50 percent cash dividend from the accumulated profit.

As of Ashad 2080, the bank's authorized share capital stands at Rs 30 billion, with an issued and paid-up share capital of Rs 15 billion 63 crore 73 lakh 77 thousand 55. As per the current capital structure, the government holds 99.97 percent of the shares, while the general public possesses 0.03 percent. The bank's capital fund is recorded at Rs 50 billion 74 crore.

The bank asserts its pivotal role in facilitating government transactions in Nepal, handling over half of the total government financial activities. Among the key statistics, 50 out of 81 Treasury and Controller of Accounts offices of the federal government, 51 out of 77 state government offices, and 128 local government offices exclusively rely on the Rastriya Banijya Bank for processing their expenses and government transactions.