Rastriya Banijya Bank's (RBB) net profit is Rs. 3.79 billion

Aug Sun 2021 10:30:32

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Rastriya Banijya Bank's (RBB) net profit is Rs. 3.79 billion

Kathmandu. National Commercial Bank Financial statements up to the fourth quarter of 2077/78 have been published. The bank has disbursed Rs. 3.79 billion net profit. Previous A.W. 4.37 billion in the corresponding period of the previous year.

Despite the decline in the bank's net profit, the increase in the bank's investment has led to a significant increase in distributable profits due to the transfer of funds from the overall income and statutory reserve fund.

As of mid-August 2012/13, the bank's customer deposits stood at Rs. 264 billion and net loans and borrowings at Rs. 194 billion. Compared to the same period of the previous year, the bank's deposits have increased by 14.37 percent and loans and advances by 25 percent. A.W. In 2077/78, the share capital of the bank was Rs. 7.15 billion to Rs. 30.18 billion and total assets increased by Rs. 44 billion to Rs. 3 trillion 10 billion has been reached.

As of mid-April 2078, the capital adequacy ratio is 14.31 percent, loan to deposit and capital ratio is 66.81 percent, base rate is 5.41 percent, non-performing loan ratio is 3.07 percent, interest rate differential is 4.37 percent and cost of funds is 3.24 percent. Percentage and earnings per share stood at Rs. 41.32.