Reserve Fund of National Microfinance Attractive than Paid-up Capital

Jan 20, 2019 Merolagani

National Microfinance Bittiya Sanstha (NMFBS) has strengthened its reserve fund by Rs 30 million in compared to paid-up capital. The company with Rs 150.8 million in paid-up capital has maintained reserve fund of Rs 180.8 million.

In the review period, the company increased its reserve fund by Rs 56 million. Similarly, the company earned net profit of Rs 57.2 million and has maintained EPS of Rs 75.87 during the period.

However, the bad debt of the company also increased to 1.48 percent from earlier 1.32 percent. In the review period, the company collected deposit of Rs 975.1 million, borrowed  Rs 2.07 billion and extended loan of Rs 2.91 billion.

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