The bank also took a huge leap in its deposit collection and loan extension in the review period. It increased its deposit collection and loan extension by 70 percent each during the period.
In the period, the bank collected deposit of Rs 33.25 billion and extended loan of Rs 28.85 billion. In the corresponding period of the last FY, it collected deposit of Rs 19.54 billion and extended loan of Rs 16.80 billion.
Similarly, the bank earned a net interest income of Rs 425.7 million and operating profit of Rs 311.7 million. It reduced its bad debt ratio from 0.03 percent to 0.02 percent in the review period.
The bank that increased its paid-up capital by 20 percent to Rs 2.59 billion has EPS of Rs 30.93 and P/E ratio of 12.31 times.
