At the end of the last FY, the bank's net profit increased by 22.67 percent to Rs 6.22 billion from Rs 5.07 billion in the previous FY. The bank earned a net interest income of Rs 16.20 billion as against Rs 16.67 billion in the previous FY.
In the review period, the loan impairment charge decreased by 20.24 percent to Rs 4.78 billion from Rs 5.97 billion in the previous fiscal year. The improvement in revenue has helped to increase profits. Similarly, the bank's operating profit increased by 20.03 percent to Rs 8.68 billion from Rs 7.23 billion in the previous FY.
During the period, the total distributable profit of the bank has reached Rs 4.58 billion after adjusting the accumulated profit and cash dividend payment of the previous FY. Similarly, the net distributable profit of the bank stood at Rs 3.57 billion after the regulatory adjustments. Accordingly, the bank's distributable profit per share has been fixed at Rs 12.02.
In the last FY, its total assets have crossed Rs 820 billion. The bank's paid-up capital stands at Rs 36.11 billion while its total equity stood at Rs 69.80 billion.
By the reivew period, deposits collection increased by 21.53 percent to Rs 669.17 billion from Rs 550.62 billion in the previous fiscal year. Similarly, credit to customers increased by 7.13 percent to Rs 439.34 billion from Rs 410.11 billion in the previous FY.
