Nepal Infrastructure Bank Logs Plain Growth

Apr 29, 2021 08:53 AM Merolagani

Nepal Infrastructure Bank (NIFRA) has published its third-quarter report of the current FY as per which its net profit has increased while its EPS has declined during the period.

In the review period, the bank has earned a net profit of Rs 589.2 million which grew by 1.24 percent compared to the corresponding period of the last FY.

An increase in net interest income and fee commission income helped to increase its net profit.

During the period, the bank increased its net interest income by 0.81 percent and operating profit by 0.61 percent. in the review period, the bank earned net fee and commission income by 1.9 million.

The bank has distributable profit of Rs 463.2 million.

Although the bank increased its net profit, its EPS declined by Rs 1.45 to Rs 5.02. it logged P/E ratio of 116.6 times and net worth per share of Rs 110.77.

In the review period, the paid-up capital of the bank increased by 66.67 percent and reserve fund by 45.92 percent. its deposit collection and loan extension by 23.79 percent and 276.63 percent respectively.

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Sanima Bank Announces Dividend

Sep 22, 2021 06:41 PM

Sanima Bank (SANIMA) has announced dividend for the last FY.