As per the financial report published by the bank under NFRS format, the bank has distributable profit of Rs 343.5 million which was Rs 319 million in the last FY. The bank has adjusted Rs 87.8 million as regulatory adjustment in the net profit as per NRB directive.
In the review period, the bank increased its deposit collection and loan extension by 58 percent and 21.99 percent respectively. The bank increased its deposit collection to Rs 83.38 billion from earlier Rs 52.77 billion and loan extension to Rs 59.88 billion from earlier Rs 49.09 billion.
During the period, the bank increased its paid-up capital to Rs 8.07 billion from Rs 8.02 billion. The bank also increased its reserve fund to Rs 3.32 billion from Rs 1.68 billion.
In the review period, the company increased its net interest income to Rs 753.1 million from Rs 481.4 million.
The bank has bad debt of 1.23 percent, EPS of Rs 21.35 and net worth per share of Rs 141.18.