The net profit increased by merely 2.38 percent during the period. Decrease in net interest income can be attributed to the minimal growth in the net profit.
During the period, the net interest income decreased by 19.30 percent to Rs 2.40 billion. in the meantime, its net fee and commission income increased by 34.50 percent and operating profit by 3.27 percent. The bank has a distributable profit of Rs 255.7 million.
The bank with Rs 18.30 billion in paid-up capital has reserve fund of Rs 14.34 billion. The bank logged EPS of Rs 17.74, net worth per share of Rs 178.38 and P/E ratio of 25.92 times.
