Rastriya Banijya Bank published Q3 Report, Earned Rs 3 billion over profit

Apr Tue 2021 10:02:59

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Rastriya Banijya Bank published  Q3 Report,  Earned Rs 3 billion over profit

Kathmandu. Rastriya Banijya Bank has made public its financial statements up to the third quarter of the current fiscal year on Monday. According to the financial statement, the bank has made a net profit of Rs 3.27 billion this year. The profit had stood at Rs 3.36 billion in the corresponding period of the previous year.

Compared to last year, the bank's profit is 7.70 percent higher this year. The bank, which has not yet issued shares to the public, has a distributable profit of Rs 3.43 billion. At present, the bank's paid-up capital is Rs 9.18 billion.

As of the third quarter, the bank's reserve fund stood at Rs 17.63 billion. The bank has increased its investment by 25.71 percent to Rs. It has collected Rs 240.72 billion in deposits and disbursed Rs 167.51 billion in loans, an increase of 11 percent. The non-performing loan of the bank is 3.62.