Siddhartha Bank's Profit Rises 4.54% to NPR 3.52 Billion in Q4

Siddhartha Bank's net profit rose 4.54% to NPR 3.52 billion in the fourth quarter of FY 2082/83. While assets (15.03%) and deposits (16.66%) posted double-digit growth, asset quality came under pressure as non-performing loans rose from 2.62% to 3.53% and provision coverage fell from 125% to 105%. Although the capital fund ratio stood at a healthy 13.19%, both ROE (10.62%) and ROA (0.94%) declined compared to the previous year.