Kailash Bikas Bank Raises Net Profit

Nov 17, 2019 04:00 PM Merolagani

Kailash Bikas Bank (KBBL) has earned a net profit of Rs 170.5 million in the current FY compared to Rs 164.8 million of the corresponding period of the last FY.

The company with Rs 2.52 billion in the paid-up capital has reserve fund of Rs 805.2million and shareholders fund of Rs 623.2 million.

In the review period, the company collected deposit of Rs 27.83 billion and extended loan of Rs 27.22 billion.

During the period, the bank earned net interest income of Rs 170.5 million compared to Rs 164.8 million in the last FY.

The bank has non-performing loan of Rs 0.31 percent, EPS of Rs 26.55 and net worth per share of Rs 156.67 times.

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Flood causes heavy damage to Middle Bhotekoshi hydel project

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