Kathmandu. Nepal Infrastructure Bank (NIFRA) has published its financial statements for the current fiscal year 2083. The financial statements for the first quarter of 2084 (July-September). <\/p>\n
According to the financial statements, NIFRA has earned a profit of Rs 16.64 crore in the first quarter of the current financial year. In the previous financial year 2082. The bank had earned a profit of Rs 20.85 crore in the same period of 83 years. In this regard, the profit of the bank has decreased by 20.16 percent compared to the previous year. <\/p>\n
The operating profit of the bank declined to Rs 24.01 crore till September of the current year. Operating profit was Rs 29.83 crore in the same period last year. The operating profit of the bank also declined by 19.50 percent. <\/p>\n
During the review period, the bank had earned an interest income of Rs 34.42 crore. During the same period last year, the bank had earned an interest income of Rs 37.30 crore. The interest income during the review period was 7.73 percent lower than the previous year. <\/p>\n
The bank has a paid-up capital of Rs 21.60 billion and has a reserve and surplus of Rs 2.67 billion. The reserve and surplus stood at Rs 4.31 billion in the same period last year. The size of reserves and surpluses has also decreased by 38 percent. <\/p>\n
During the review period, the bank collected deposits of Rs 12.04 billion and extended loans of Rs 34.17 billion. In the same period of the previous year, the bank collected deposits of Rs 7.81 billion and extended loans of Rs 26.18 billion. <\/p>\n
The bank’s annualized earnings per share (EPS) declined to Rs 3.08 for the first quarter of the current year. EPS stood at Rs 3.86 in the same period last year. The bank’s net worth per share stood at Rs 112.38 with a PE ratio of 79.95 times. <\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. Nepal Infrastructure Bank (NIFRA) has published its financial statements for the current fiscal year 2083. The financial statements for the first quarter of 2084 (July-September). According to the financial statements, NIFRA has earned a profit of Rs 16.64 crore in the first quarter of the current financial year. In the previous financial year 2082. […]<\/p>\n","protected":false},"author":16,"featured_media":295751,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45117,45159],"tags":[],"class_list":["post-320983","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\/320983","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=320983"}],"version-history":[{"count":1,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/320983\/revisions"}],"predecessor-version":[{"id":320984,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/320983\/revisions\/320984"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/295751"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=320983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=320983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=320983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}