Kathmandu. NMB Bank has released its financial statements. The bank has released its financial statements for the first quarter of the current fiscal year 2083-84.
According to the bank’s report, the bank’s net profit increased by 27.11 percent. The bank earned a net profit of Rs 1.16 billion.
In the review period, the bank’s operating profit increased by 26.17 percent to Rs 1.89 billion while the bank’s net interest income increased by 4.19 percent to Rs 2.59 billion from Rs 2.48 billion.
Likewise, the bank’s net charge and commission income increased by 0.75 percent and bad loans decreased from 4.97 percent to 4.92 percent.
Similarly, the bank’s impairment charge has decreased by 29.66 percent to Rs 50.21 crore. Meanwhile, the bank’s earnings per share (EPS) has also increased to Rs 23.83 crore.
The distributable profit of the bank has also increased to Rs 11.64 per share.
