Green Development Bank Ltd.

Development BankLow Cap

NPR 1,058.90

NPR +20.8+2.00%

09:14 AM NPT · May 11, 2026

Est. 2012-11-14 (2069-07-29 B.S.) · Harishankar Road, Ba.Na.Pa-2, Baglung, Nepal · CEO: null

Green Development Bank Limited is a “B-class” development bank in Nepal, licensed under the regulatory framework for development banks. The bank was incorporated in November 2012 and officially began its operations a few years later. Headquartered in Baglung (Harishankar Road, Ba.Na.Pa-2, Baglung district), the bank serves clients primarily in Gandaki Province, with a branch network that covers multiple districts in the region.Green Development Bank aims to provide accessible banking and financial services to clients often underserved by larger commercial banks. It offers a spectrum of banking products including deposits (savings, fixed deposits), loans (retail, small business/SME), payment & remittance services, and digital banking through its mobile-app platform “Green Smart.”Over recent years, the bank has sought to modernize its services, enabling features like online payments, fund transfers, bill payments, and card-related services under the country-wide payment network improving convenience for customers and aligning with Nepal’s broader digital-banking push. As of the latest public disclosures, Green Development Bank is listed on the Nepal Stock Exchange (NEPSE) under the ticker symbol GRDBL, with 5,696,985 shares outstanding and a paid-up capital of NPR 569,698,500. Its share-market data reflect active trading, although recent financial metrics show challenges: for the fiscal year 082–083, the bank’s earnings per share (EPS) was negative (−21.17), resulting in a negative P/E ratio a sign of losses or weak profitability. Despite these financial headwinds, GRDBL continues to expand its branch network (15+ branches per recent reports) and recently joined the national card infrastructure initiative under Nepal Clearing House Ltd. (NCHL), meaning once operational it will be able to issue and process domestic-card payments under the NEPALPAY scheme a step forward in modern banking in Nepal.

www.greenbank.com.np/facebook

Trading

Open

1,068.00

High

1,101.20

Low

1,046.40

Prev Close

1,038.10

Volume

7,309

Turnover

Rs 7,711,372.9

Txns

109

Valuation · Q2 FY25/26

EPS Ann.

3.58

EPS TTM

11.65

BVPS

112.86

P/E Ann.

295.78

P/E TTM

90.89

Graham #

95.35

Capital

Mkt Cap

6.03 Arab

Total

56.97 Lakh

Public

27.92 Lakh

Promoter

29.05 Lakh

NEPSE Chart

Technical Analysis

Indicator Signals

MACD

Strong Sell

RSI

Neutral

SuperTrend

Strong Sell

Trend Analysis

Direction

Uptrend

Strength

Strong

Momentum

RSI (14)

49.83

ADX

28.03

Overall Score

Below Line

Technical Score

Moving Averages

SMA 20

1066.22

SMA 50

1089.89

Bands & Channels

BB Width %

10.69%

Volume & Flow

OBV

4,409,815

Flow Analysis

[ Live 2026-05-11 ]

Total Buy

44,710

Shares Bought

Total Sell

44,710

Shares Sold

Net Flow

Net Accumulation

Active Brokers

Participating

ACCUM/DIST

Accumulation 39%

Distribution 61%

Accumulators

Quantity

10,059

Amount

10,605,395

Avg Rate

1054.32

Rank

#11

Brokers

#62#32#87#36

Distributors

Quantity

15,806

Amount

16,571,107

Avg Rate

1048.41

Rank

Brokers

#6#34#82#60

Net Flow Impact:

-5,747units

(Rs. -5,965,712)

Net Flow by Timeframe

GRDBL — Broker Breakdown (7D)

15 Buyers15 Sellers

[ Vol: 53,316 ]

Buy Side

Total: 23,477

Broker

QTY

AVG

NET

3,637

1059.23

+1,235

8.1%

2,764

1050.58

+2,749

6.2%

2,627

1071.04

+2,237

5.9%

2,550

1044.83

+2,548

5.7%

2,118

1049.88

+1,846

4.7%

1,917

1047.75

+1,126

4.3%

1,200

1042.50

+999

2.7%

1,113

1045.28

+1,044

2.5%

980

1068.78

+868

2.2%

880

1056.09

+215

2.0%

830

1045.06

+380

1.9%

790

1037.46

+790

1.8%

771

1048.41

+66

1.7%

674

1042.86

+474

1.5%

626

1045.24

+252

1.4%

Sell Side

Total: 29,839

Broker

QTY

AVG

NET

7,327

1050.86

-2,638

16.4%

4,154

1057.45

-1,365

9.3%

3,395

1047.67

-3,121

7.6%

3,111

1047.18

-1,539

7.0%

1,973

1042.47

-1,973

4.4%

1,236

1038.57

-426

2.8%

1,170

1045.01

-1,045

2.6%

1,115

1055.52

-660

2.5%

1,051

1037.43

-986

2.4%

1,015

1046.47

-1,015

2.3%

1,000

1058.27

-1,000

2.2%

880

1048.73

-530

2.0%

833

1049.98

-633

1.9%

794

1053.01

-278

1.8%

785

1051.30

-285

1.8%

Financial Fundamentals

Financial Metric	FY25/26 Q2	FY24/25 Q2	FY23/24 Q2	FY22/23 Q2	Growth %
Assets
Cash & Liquidity
Cash & Cash Equivalent	586,502,476	600,633,366	688,665,434	616,514,005	-2.35%
Money at Call & Short Notice	337,276,364	312,013,023	168,467,290	237,213,676	+8.10%
Due from NRB	337,276,364	252,013,023	168,467,290	137,213,676	+33.83%
Placement with B/FIs	0.00	60000000.00	0.00	100000000.00	-100.00%
Loans & Advances
Loans and Advances	4,962,438,364	4,245,728,330	3,602,994,995	2,976,670,580	+16.88%
Loans & Advances to B/FIs	96,879,668	161,268,085	48,524,333	34,090,777	-39.93%
Loans & Advances to Customers	4,865,558,696	4,084,460,245	3,554,470,662	2,942,579,803	+19.12%
Investments
Investment Securities	824,991,256	1,243,108,828	437,181,432	305,441,220	-33.63%
Investment in Subsidiaries	0.00	0.00	0.00	0.00	-
Investment in Associates	0.00	0.00	0.00	0.00	-
Investment Property	9,535,217	28,135,217	0	0	-66.11%
Other Assets
Derivative Financial Instruments	0.00	0.00	0.00	0.00	-
Other Trading Assets	0.00	0.00	0.00	0.00	-
Current Tax Assets	15,655,748	11,139,263	19,979,598	7,978,360	+40.55%
Deferred Tax Assets	0.00	0.00	475043.00	0.00	-
Goodwill and Intangible Assets	0.00	210934.00	611405.00	1277352.00	-100.00%
Property & Equipment	66,599,717	69,283,533	73,572,296	28,471,917	-3.87%
Other Assets	103,063,317	75,120,172	47,175,531	32,075,521	+37.20%
Total Assets	6,906,062,459	6,585,372,667	5,039,123,024	4,205,642,630	+4.87%
Liabilities
Borrowings & Funding
Borrowings	35,533,732	71,611,543	232,321,920	216,817,815	-50.38%
Borrowing	8,750,000	25,416,667	22,916,667	0	-65.57%
Debt Securities Issued	0.00	0.00	0.00	0.00	-
Subordinated Liabilities	0.00	0.00	0.00	0.00	-
Interbank & NRB
Due to B/FIs	26,783,732	46,194,876	209,405,253	216,817,815	-42.02%
Due to NRB	0.00	0.00	0.00	0.00	-
Deposits	6,077,996,156	5,794,450,811	4,115,823,359	3,358,452,315	+4.89%
Other Liabilities
Provisions	967,287	885,465	0	0	+9.24%
Current Tax Liabilities	0.00	0.00	0.00	0.00	-
Deferred Tax Liabilities	3,893,289	1,633,005	0	3,039,021	+138.41%
Other Liabilities	93,012,244	79,808,897	94,282,047	45,608,571	+16.54%
Other Liabilities & Provisions	97,872,820	82,327,367	94,282,047	48,647,592	+18.88%
Total Liabilities	6,211,402,708	5,948,389,721	4,442,427,326	3,623,917,722	+4.42%
Equity
Paid Up Capital	615,500,000	538,722,000	519,000,000	519,000,000	+14.25%
Share Premium	1,809	1,809	1,809	1,809	0.00%
Reserves & Surpluses
Reserves	69,924,426	53,461,194	55,422,448	49,901,968	+30.79%
Reserves & Surpluses	79,159,751	98,260,946	77,695,698	62,724,909	-19.44%
Retained Earnings	9,233,516	44,797,943	22,271,441	12,821,132	-79.39%
Non-Controlling Interest	0.00	0.00	0.00	0.00	-
Total Equity	694,659,751	636,982,946	596,695,698	581,724,909	+9.05%
Total Liabilities & Equity	6,906,062,459	6,585,372,667	5,039,123,024	4,205,642,630	+4.87%

Sector Peers — Development Bank (19)

Peer Comparison

Development Bank SECTOR — NEPAL

2025/2026 Q2

NPR/Millions

Statement

Highlight

TICKER	Market				Key Ratios
	Price	Chg	Chg%	Mkt Cap (M)	Asset Turnover	BVPS	C/D Ratio%	EPS (Annu.)	EPS (TTM)	Graham's No.	Int. Rate Spread%	NIM%	NPL%	NPM%	P/B	P/E (Annu.)	PEG	P/E (Latest)	P/E (TTM)	P/S	ROA (Annu.)%	ROA (TTM)%	ROE (Annu.)%	ROE (TTM)%
CORBL	2,086	+50.08	+2.46%	0.01	0.07	135.79	70.07%	4.93	-2.7	-	4.56%	5.16%	9.79%	12.88%	22.83	314.4	15.9	326.57	-596.3	161.96	0.94%	-0.51%	3.46%	-1.89%
EDBL	586.6	+10.2	+1.77%	0.01	0.06	177.95	75.87%	14.17	17.6	265.46	4.57%	4.28%	7.07%	15.58%	6.73	42.27	0.21	41.64	33.52	26.36	0.94%	1.18%	8.42%	10.48%
GBBL	420	+3.91	+0.94%	0.03	0.08	159.59	85.15%	21.1	23.19	288.57	4.59%	4.9%	4.78%	16.52%	4.92	18.62	2.04	18.6	16.93	12.31	1.24%	1.36%	14%	15.39%
GBLBSP	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
JBBL	366	+6.89	+1.92%	0.02	0.07	155.09	82.04%	14.16	1.67	76.34	3.84%	4.1%	7.82%	12.6%	4.29	23.5	0.96	23.45	198.8	11.85	0.84%	0.1%	9.3%	1.09%
KRBL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-51.36	-82.82	-	-	-	-	-
KSBBL	485	+4.99	+1.04%	0.02	0.08	158.07	86.77%	20.43	18.32	255.26	4.17%	4.5%	4.1%	14.78%	5.72	22.12	1.99	22.3	24.87	13.09	1.1%	1%	13.56%	12.16%
LBBL	492.9	+2.89	+0.59%	0.02	0.07	190.2	85.98%	15.75	14.29	247.29	3.98%	3.98%	0%	12.08%	5.22	31.52	0.32	30.1	33.17	15.23	0.84%	0.77%	8.46%	7.68%
MDB	605	+7	+1.17%	0.01	0.07	135.98	84.37%	9.37	13.27	201.49	4.36%	4.06%	0.45%	17.57%	8.83	64.06	0.55	66.06	46.65	45.04	1.24%	1.78%	6.96%	9.88%
MLBL	374	+6.11	+1.66%	0.02	0.14	165.48	85.3%	14.24	7.13	162.93	4.37%	4.94%	6.1%	13.54%	4.45	25.84	7.66	25.57	51.07	13.99	1.92%	0.96%	17.18%	8.6%
MNBBL	375.8	+3.9	+1.05%	0.03	0.08	151.35	86.59%	16.8	21.33	269.51	4.59%	4.76%	3.75%	13.38%	4.61	20.79	1.21	21.37	16.83	11.13	1.02%	1.3%	11.66%	14.8%
MTBL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NABBC	1,054	-4.98	-0.47%	0.01	0.03	28.9	65.88%	-19.16	-13.62	-	4.5%	-3.2%	57.48%	-473.75%	92.87	-70.04	0	-74.01	-104.11	1,328.71	-15.3%	-10.88%	-95.72%	-68.04%
SABBL	1,309.9	+74.84	+6.06%	0.01	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-
SADBL	421.9	+4.51	+1.08%	0.02	0.07	153.24	83.55%	16.21	17.22	243.67	4.57%	4.72%	6.87%	12.94%	5.28	24.95	0.61	25.42	23.93	12.93	0.94%	1.01%	11.1%	11.8%
SAPDBL	805.1	+21.09	+2.69%	0.01	0.06	75.96	77%	6.43	15.98	165.26	3.84%	3.84%	8.29%	10.2%	21.84	129	0.67	126.59	50.94	52.65	0.6%	1.53%	8.4%	20.9%
SHBL	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SHINE	413.5	+3.89	+0.95%	0.02	0.07	146.6	84.77%	16.1	15.17	223.69	4.19%	4.22%	4.75%	13.73%	5.5	25.04	1.34	25.06	26.6	13.76	1%	0.95%	11.24%	10.6%
SINDU	712	+6.98	+0.99%	0	0.06	94.19	64.35%	-5.55	9.7	143.38	4.59%	3.36%	6.39%	-7.98%	15.19	-128.88	0	-131.71	75.36	41.16	-0.48%	0.85%	-6.6%	11.55%

AVG	700.51	13.49	1.59%	0.01	0.072	137.74	79.84%	10.36	11.32	211.9	4.34%	3.83%	9.12%	-22.57%	14.877	38.799	2.091	30.978	-11.535	125.726	-0.23%	0.1%	1.53%	4.64%
MED	492.9	6.11	1.08%	0.02	0.07	152.3	83.96%	14.21	14.73	233.68	4.44%	4.25%	6.24%	13.16%	5.61	24.995	0.64	24.255	25.735	14.61	0.94%	0.98%	8.88%	10.54%
MAX	2,086	74.84	6.06%	0.03	0.14	190.2	86.77%	21.1	23.19	288.57	4.59%	5.16%	57.48%	17.57%	92.87	314.4	15.9	326.57	198.8	1,328.71	1.92%	1.78%	17.18%	20.9%
MIN	366	-4.98	-0.47%	0	0.03	28.9	64.35%	-19.16	-13.62	76.34	3.84%	-3.2%	0%	-473.75%	4.29	-128.88	0	-131.71	-596.3	11.13	-15.3%	-10.88%	-95.72%	-68.04%