The bank has distributable profit of Rs 998.1 million during the period. Increase in its interest expenses by 99 percent shorts the growth opportunity of its net profit. Meanwhile, it increased its interest income by 31 percent only.
In the review period, the bank collected deposit of Rs 65.98 billion and spent Rs 50.96 billion in loan extension. The bank earned Rs 1.65 billion in net interest income.
The bank with Rs 8 billion in paid-up capital has reserve fund o Rs 7.03 billion. The bad debt of the bank decreased to 0.20 percent.
The bank has EPS of Rs 28.59 and net worth per share of Rs 187.87.
