Kathmandu. Siddhartha Bank has published its unaudited financial statements for the fourth quarter of the financial year 2082/83. According to the financial statement published by the bank, the net profit of the bank has increased by 4.54 percent according to the financial statement published by the bank. During the review period, the bank earned a net profit of Rs. 3.51 billion. The bank had posted a net profit of Rs 3.36 billion in the corresponding period of the previous FY.
In the review period, the bank’s net interest income increased from Rs. 8.43 billion to Rs. 9.05 billion, while the net fee and commission income increased to Rs. 1.86 billion.
According to the financial report published by the bank, the operating profit of the bank increased from Rs. 4..97 billion to Rs. 5.16 billion in the review period.The bank has a net profit of Rs. 1,70,56, 56,71,000.
The bank’s earnings per share (EPS) also increased during the review period. During this period, the bank’s EP S increased by 30 paise to Rs 23.06 from Rs 22.76. During the period, the bank’s net worth per share stood at Rs 225.17 per share, which stood at Rs 225.17.
The bank has a reserve fund of Rs 18.62 billion with a total paid-up capital of Rs 14..In the review period, the bank’s deposit increased from Rs. 280.32 billion to Rs. 32 7.01 billion. Similarly, the bank disbursed a total loan of Rs 233.87 billion during the period.
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