Net Profit of Nepal Investment Bank Declines

Aug 15, 2019 12:54 PM Merolagani



The net profit of Nepal Investment Bank has decreased by 6.66 percent to Rs 3.41 billion in the fourth quarter of the last FY compared to Rs 3.65 billion of the corresponding period of the previous FY.

Similarly,  the distributable profit of the bank also decreased by 61.14 percent to Rs 1.39 billion in the review period compared to Rs 3.57 billion of the previous FY.

The decrease in net profit is attributed to increase in non-performing loan due to which the bank required to increase its provision for possible losses.

In the review period, the non-performing loan ratio of the bank raised by 104.4 percent to 2.78 percent from earlier 1.36 percent.  Due to which, the bank maintained Rs 1.5 billion in provision in possible losses, a growth of 122.5 percent, compared to Rs 675.2 million of the review period of the previous FY.

The bank with Rs 12.86 billion in paid-up capital has reserve fund of Rs 10.95 billion.

During the period, the bank increased its deposit collection by 9.37 percent to Rs 149.39 billion and loan extension by 3.95 percent to Rs 123 billion. The bank earned net interest income of Rs 6.15 billion in the review period.

The bank has EPS of Rs 26.54, net worth per share of Rs 199.78 and P/E ratio of 19.56 times.




Gold and Silver Price Increase; Silver Hits New Record

Jul 14, 2025 10:43 AM

The gold and silver price have increased for 2nd day on July 14.

Him Star Urja Company Allots IPO

Jul 16, 2025 03:30 PM

Gold and Silver Price Decline

Jul 16, 2025 10:36 AM

Gold and Silver Price Gain

Jul 17, 2025 11:19 AM