Garima Bikas Bank’s net profit increased by 4.52%

Banking
KATHMANDU
Garima Bikas Bank has earned net profit of Rs 393.59 billion in the second quarter of the current fiscal year. The bank profit is 20.9% higher than the same period last year. The net profit of the bank was 325.53 million in the corresponding period of the previous year.

The bank’s net interest income has increased by 4.52% while operating profit has increased by 20.91%. the bank has collected Rs 53.51 billion in deposits and invested Rs 44.16 billion in loans till mid-january.The bank has rserve fund of 833.95 billion per share of Rs 24.31and a net worth of Rs 148.4.

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