Monday, August 12, 2013

Nepal Investment Bank net profit 1.99 arba; Nepal SBI Bank 77.59 cr & Everest Bank 1.47 arba

Nepal Investment Bank has reported 91.73% rise in net profit. The bank earned Rs 1.99 arba in FY 2069/70, compared to Rs 1.03 arba posted in the last fiscal. The bank’s NPA fell 42.47% to 1.91. NPA was 3.32% in the same period last fiscal. The bank has reported only slight growth in deposits. NIB’s deposit collection reached Rs 62.42 arba, a rise of 9.50 percent over last year. Loans and advances increased 11.17% to Rs 47.70 arba. The banks EPS stands at Rs 52.88 and net worth at Rs 213.49.

Nepal SBI Bank’s profit rose 61.63% to Rs 77.59 crore in fiscal year 2069/70. Last year the bank had posted an earning of Rs 48.01 crore. The bank’s deposits increased 10.47% to Rs 58.92 arba and loans and advances increased 10.12% to Rs 28.78 arba. The banks EPS stands at Rs 32.94 and net worth at Rs 168.67.

Everest Bank has posted a net profit of Rs 1.47 arba for FY 2069/70, a 34.89% increase over last year’s Rs 1.09 arba. The bank’s deposits increased 15.43% to Rs 57.72 arba and loans and advances rose 20.70% to Rs 44.19 arba. The bank’s EPS stands at Rs 91.88 and net worth at Rs 342.06.
  src sharesansar