Muktinath Bikas Bank Earns Net Profit of Rs 228.7 Mn

Nov 17, 2019 03:33 PM Merolagani

Muktinath Bikas Bank (MNBBL) has earned a net profit of Rs 228.7 million in the current FY compared to Rs 217.3 million of the corresponding period of the last FY.  

The company with Rs 3.06 billion in the paid-up capital has reserve fund of Rs 766.6 million and shareholders fund of Rs 820 million.

In the review period, the company collected deposit of Rs 44.35 billion and extended loan of Rs 41.26 billion. The bank has distributable profit of Rs 114.3 million.

During the period, the bank earned net interest income of Rs 523.6 million compared to Rs 466.7 million in the last FY.

The bank has non-performing loan of Rs 0.31 percent, EPS of Rs 29.86, net worth per share of Rs 151.77 and P/E ratio of 10.38 times.


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