NMB Bank's profit increased by 59.42 percent

Aug Sat 2021 11:45:44

1543 views

NMB Bank's profit increased by 59.42 percent

Kathmandu. NMB Bank has increased its profit by 59.42 percent to Rs 2.73 billion in the last fiscal year. Last year, the bank's profit was Rs 1.71 billion. As per the financial statement, NMB Bank has collected Rs 164 billion in deposits and given Rs 150 billion in loans till mid-July.

NMB Bank, which has a paid-up capital of Rs 16.32 billion, has a capital adequacy ratio of 15.09 percent. The bank has made a profit of Rs 2.33 billion for the shareholders. The bank's EPS is Rs 16.78.

NMB Bank has a NPL ratio of 2.27 percent and a loan to deposit ratio of 77.07 percent. The bank's ROE stood at 12.01 percent. The bank's net interest income rose 3.32 percent, while net fees and commission income rose 28.81 percent

 The bank's paid-up capital has increased by 17.02 percent and reserve fund by 9.24 percent. Bank deposits have increased by 24.87 percent and loans by 30.54 percent. With the rise in net profit, the bank's earnings per share has risen by Rs 4.45 to Rs 16.73.