The amount is also a distributable profit of the bank. In the previous FY, the bank earned such profit of Rs 3.61 billion.
In the review period, the bank earned a net interest income of Rs 6.26 billion which was Rs 5.54 billion in the last FY. The bank earned interest income of Rs 11.34 billion while spent Rs 5.08 billion in the interest expenses.
The bank with a paid-up capital of Rs 8 billion has reserve fund of Rs 10 billion. During the period, the bank collected deposit of Rs 135 billion and extended loan of Rs 112 billion.
The bank decreased its bad debt to 0.55 percent. The bank has credit to deposit ratio of 74.68 percent, cost of fund of 4.75 percent and base interest rate Rs 7.78 percent.
The bank maintained Rs 50.41, net worth per share of Rs 225 and P/E ratio of 18.27 times.
