Kamana Seva Bikas Bank's second quarter financial statement made public, net profit increased by 162.62%

Banking
KTHMANDU
Kamana Seva Bikas Bank has made public its net profit of Rs. 394.7 million in the second quarter of the Fiscal Year 2077/78.The bank's profit is 162.62% higher than last year. The bank had earned a net profit of only Rs 148.51 million last year.

Similarly, the net interest income of the bank has also increased during this period. Net interest income has increased from Rs. 574.12 million to Rs. 688.08 million.Operating profit has also increased by Rs. 211.14 million to Rs. 262.03 million.

So far, the bank has collected Rs 38.18 billion in bank deposits and disbursed Rs 31.20 billion in loans.The bank has a reserve fund of Rs 495.31 million and its earnings per share has increased to Rs 30.71. Also, the net worth per share is Rs 130.9 .
Published Date : January 18, 2021

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