Kathmandu. Prabhu Bank has made a profit of Rs. 1.8 billion in the last fiscal year 2076/77.

The bank, which has a paid-up capital of Rs 10.31 billion, can distribute 10.47 percent dividend to the shareholders only from last year's profit. The bank has Rs 4.18 billion in reserves.

The bank has made a profit of Rs 1.36 billion last year. 1.78 billion in the corresponding period of the previous year. The effect of Kovid has been felt in Prabhu as in other banks.

Prabhu Bank has collected Rs 128 billion in deposits till mid-July. As of mid-July last year, the bank had collected Rs 105 billion in deposits.

Similarly, the bank has disbursed loan of Rs. 99.69 billion till mid-July. Last year, it had disbursed Rs 85.82 billion.

Prabhu Bank's NPL ratio stood at 2.81 percent with a capital adequacy ratio of 11.59 percent. The NPL was 3.76 percent in the previous year.

The loan to deposit ratio of the bank is 66.96 percent. Prabhu Bank has a base rate of 8.32 percent and a spread rate of 3.57 percent. The bank's EPS is Rs 13.93.