Rastriya Banijya Bank Logs Net Profit of Rs 2Bn

Jan 23, 2022 05:07 PM Merolagani



Rastriya Banijya Bank (RBB) has published its second-quarter report of the current FY. As per the report the bank has earned net profit of Rs 1.91 billion during the period.

The net profit increased by 9.76 percent compared to Rs 1.74 billion of the corresponding period of the last FY.

 During the period, the net interest income increased by 15.68 percent and operating profit by 2.98 percent. the net fee and commission, however decreased by 2.98 percent.

 in the review period, the bank collected deposits of Rs 242.56 billion and extended loans of Rs 195.43 billion.

the bank with paid-up capital of Rs 13.94 billion has reserve fund of Rs 15.48 billion.

 




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