As per the financial report published under NFRS format, the bank increased its business by 20 percent, interest income by 45 percent and operating profit by 42.65 percent.
However, the shareholders' fund and net worth per share of the bank has shrunk and the bank has challenges to control its expenses.
The bank has a distributable profit of Rs 967 million from which it can distribute 11 percent dividend to its shareholders.
The bank with paid-up capital of Rs 8.68 billion has a reserve fund of Rs 3.18 billion. During the period, it raised its EPS to Rs 15.36. the bank collected deposit of Rs 73.2 billion and extended loan of Rs 73.12 billion.
In the review period, the bank earned a net interest income of Rs 3.02 billion. During the period, the bank logged a non-performing loan of 0.97 percent, net worth per share of Rs 136.64 and P/E ratio of 14.32 times.
