The bank that earned Rs 289.4 million in net profit in the previous FY was able to earn a net profit of Rs 275.3 million in the last FY.
Deva Bikas that increased its paid-up capital to Rs 2.53 billion by acquiring Sajha Bikas Bank and Union Finance and by issuing 40 percent right shares have maintained a reserve fund of Rs 481.2 million in the review period.
During the period, the company collected a deposit of Rs 15.69 billion and extended loan of Rs 13.59 billion. Similarly, it earned net interest income of Rs 693.4 million.
The bank has a bad debt ratio of 1.92 percent, CD ratio of 72.86 percent, net worth per share of Rs 118.99 and P/E ratio of 11.67 times.
The bank has a cost of fund of 9.37 percent and base interest rate of 12.77 percent.
