Gandaki Bikas Bank profit rises by almost 30%

February 5, 2019 | Investopaper

Gandaki Bikas Bank has published the 2nd quarter report of F.Y. 2075/76. The net profit has grown by 29.69% from the corresponding quarter of the previous year. In the 2nd quarter report of F. Y. 2075/76, the bank made a net profit of Rs. 26.52 crores. Last year, the company’s profit stood at Rs. 20.45 crores in the 2nd quarter.

The company has paid up capital of Rs. 2.75 Arab, and reserve & surplus of Rs. 88.30 crore. The bank has a deposit collection of Rs. 26.19 Arab. The loans & advances stand at Rs. 23.39 Arab till the 2nd quarter. The net interest income has risen to Rs. 55.43 crores from Rs. 45.38 crores.

The non-performing loans stand at 0.41%. Also, the Earnings Per Share (EPS) is Rs. 19.29 as of 2nd quarter 2075/76. The per share net-worth in Rs. 132.11


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