Distributable Profit Rs 3.57 billion
As per the financial report of the last FY published by the bank under NFRS format, the bank has distributable profit of Rs 1.89 billion after allocating Rs 50.2 million in regulatory adjustment.
Impressive growth in all indicators
In the last FY, the bank has shown impressive growth in all indicators. The bank that has steady paid-up capital has increased its reserve fund by 97 percent. In the review period, it increased its deposit and loan extension by 20 percent while increased its net interest income by Rs 38.73 percent.
EPS grew to Rs 27.18
During the period, the bank decreased its bad debt ratio by 0.66 percent while increased its EPS by Rs 7 to Rs 24.18. The bank has net worth per share of Rs 140.99, cost of fund of Rs 8.04, base interest rate of Rs 10.47 and capital fund ratio of 12.57 percent.
Deposit Rs 81.31 billion; Loan expenses Rs 70.92 billion
The bank with Rs 8.03 billion in paid-up capital has reserve fund of Rs 3.71 billion. During the period, the bank collected deposit of Rs 81.31 billion and extended loan of Rs 70.92 billion. The deposit collection and loan extension increased by 11.5 percent and 15 percent respectively.
Net Interest Income increased by 38.73 percent
In the review period, the bank raised its net interest income by 38.73 percent. The bank earned Rs 2.66 billion in net interest income in the last FY which was Rs 1.92 billion in the previous FY.