Kathmandu. NIC Asia Bank for the current fiscal year 2082. The company has made public the unrevised financial statements for the second quarter (July-December) of 83 B.S. <\/p>\n
According to the financial report, the bank has earned a net profit of Rs 13.11 crore in the first six months of the current FY. Previous fiscal year 2081. The bank had earned a net profit of Rs 15.17 crore in the same period last year. The profit of the bank decreased by 13.54 percent compared to the previous year. <\/p>\n
In the review year, the bank’s distributable profit stood at Rs 7.39 billion. In the previous year, the distributable profit was negative by Rs 2.65 billion. <\/p>\n
The bank’s operating profit stood at Rs 19.77 crore in the current FY. In the previous year, the operating profit was Rs 34.19 crore. The operating profit of the bank decreased by 42.16 percent. <\/p>\n
In the second quarter, the bank earned Rs 4.36 billion. The bank had posted a net profit of Rs 5.18 billion in the same period last year. Interest income decreased by 15.87 percent. <\/p>\n
The bank’s paid-up capital stood at Rs 14.91 billion with negative earnings of Rs 7.39 billion and reserve at Rs 22.06 billion. In the previous year, the retained earnings were negative by Rs 5.21 billion and the reserve was Rs 19.81 billion. <\/p>\n
In the review year, the bank collected deposit of Rs 327.50 billion and extended loans of Rs 209.31 billion. The bank had collected deposit of Rs 3.19 billion and extended loan of Rs 224.12 billion till mid-July of the previous fiscal year. <\/p>\n
The non-performing assets ratio (NPL) of the bank increased to 1.57 percent during the review period. The bank’s NPL was 1.47 percent in the same period a year ago. <\/p>\n
The bank’s annual earnings per share (EPS) has decreased to Rs 1.77. The EPS was Rs 2.04 a year ago. The bank has a net worth per share of Rs 128.33 with a PE ratio of 188.58 times. <\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. NIC Asia Bank for the current fiscal year 2082. The company has made public the unrevised financial statements for the second quarter (July-December) of 83 B.S. According to the financial report, the bank has earned a net profit of Rs 13.11 crore in the first six months of the current FY. Previous fiscal year […]<\/p>\n","protected":false},"author":16,"featured_media":9304,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45117,45159],"tags":[],"class_list":["post-285301","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bank-finance-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/285301","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=285301"}],"version-history":[{"count":1,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/285301\/revisions"}],"predecessor-version":[{"id":285302,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/285301\/revisions\/285302"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/9304"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=285301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=285301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=285301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}