Which is the strongest in microfinance? See key details

Nov Thu 2020 07:47:36

851 views

Which is the strongest in microfinance? See key details

Kathmandu: Half a dozen microfinance companies listed in Nepse have made public their financial statements for the first quarter of the current fiscal year. Of the six companies that have made their financial statements public, RMDC Microfinance is the strongest. Currently, there are 52 microfinance companies listed in Nepse. Let's see, what is the condition of microfinance?

The society that has increased the most capital is microfinance. It has just issued an IPO. It has also decided to merge with Swastik Microfinance.

 The highest paid up capital is RMDC Microfinance. Its capital has increased by 29.37% and reached Rs. 1.34 billion.

The reserve fund of Arambha Chautari has also increased by 266.68% and reached Rs. 82.797 million. The highest reserve fund of RMDC is Rs 1.58 billion.

First microfinance and indigenous microfinance are among the earnings per share. As the society has issued IPO this year, the previous year's earnings per share is not included in the financial statements.

The earnings per share of three companies have declined. The highest earnings per share of domestic microfinance is Rs 48.40.