The bank that earned a net profit of Rs 1.22 billion in the previous FY earned Rs 1.48 billion in the last FY.
As per the Q4 report published under NFRS format, the bank earned net distributable profit of Rs 1.11 billion in the review period.
In the review period, the bank collected deposit of Rs 70.50 billion compared to Rs 60.69 billion of the previous FY. Similarly, the bank extended loan of Rs 62.90 billion in the review period compared to Rs 55.60 billion of the previous FY.
During the period, the bank increased its interest income to Rs 2.81 billion from Rs 2.22 billion of the previous FY. The net interest income increased by 26.75% in the review period compared to the previous FY.
The bank with Rs 8.37 billion in paid-up capital has Rs 4.09 billion in reserve and surplus. In the period, the bank recorded non-performing loan of 0.37 percent, EPS of Rs 17.79, net worth per share of Rs 148.87 and P/E ratio of 12.59 times.
