Prabhu Bank earned net profit of Rs 2.6 billion

Jul Sun 2022 02:33:06

774 views

Prabhu Bank earned net profit of Rs 2.6 billion

Kathmandu. Prabhu Bank has earned a net profit of 2.6 billion 3 lakh rupees. The bank earned a net profit of 1.48 billion 24 lakh rupees in the fourth quarter of the last financial year.

 The bank's net interest income has increased by 23.03 percent, net fee and commission income by 26.76 percent, total operating income by 18.36 percent and operating profit by 47.75 percent.

Prabhu Bank Limited is an “A” class commercial bank. Prabhu Bank successfully grew phenomenally, especially after merger of Grand Bank Nepal Limited, Kist Bank Limited, Prabhu Bikas Bank Limited, Gaurishankar Development Bank Limited and Zenith Finance Limited in year 2016. Finally Prabhu Bank Limited was formed and was licensed and regulated by the central bank of Nepal, Nepal Rastra Bank.The bank has a network of 208 Branches, 46 extension counters and 155 ATMs across the country. The bank keeps its customer at the center of all it does. Prabhu Bank believes that a bank is only successful when its customers are successful.