The bank has been able to increase the net profit by balancing its operating expenses, recovery of bad debt and increase in interest income.
The bank with Rs 2.84 billion in paid-up capital has reserve fund of Rs 1.05 billion and capital fund of 16.51 percent.
The bank collected deposit of Rs 26.68 billion and extended loan of Rs 22.83 billion during the period.
In the review period, the bank earned Rs 246.7 million in net interest income. The bank has bad debt ratio of 3.39, EPS of Rs 14.85 and net worth per share of Rs 136.96.
