Kumari Bank's profit increased by 74 percent

Aug Thu 2021 11:13:24

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Kumari Bank's profit increased by 74 percent

Kathmandu. Kumari Bank has increased its profit by 74 percent. According to the bank's financial statement for the last fiscal year, the profit has increased by about 74 percent. Kumari Bank has made a profit of Rs 2 billion in the last fiscal year. 1.15 billion in the corresponding period of the previous year.

Along with interest income, other parties have also contributed to the increase in Kumari Bank's profit. Kumari Bank has earned Rs 5.23 billion from interest income.

3.57 billion in the corresponding period of the previous year. Similarly, it has earned Rs 400 million from other Andanis. In the previous year, the income from such title was Rs 150 million. Kumari Bank, which has a paid-up capital of Rs 13.87 billion, has a deposit of Rs 148 billion as of mid-July.

Similar loan is Rs. 137 crore. Kumari Bank has earned a profit of Rs 1.09 billion to be distributed to the shareholders. Kumari Bank has a capital adequacy ratio of 13.71 percent and a non-performing loan ratio of 1.08 percent. Kumari Bank, which has a base rate of 7.90 percent, has a spread rate of 3.13 percent.