{"id":249810,"date":"2025-04-20T09:15:00","date_gmt":"2025-04-20T03:30:00","guid":{"rendered":"https:\/\/insurancekhabar.com\/nic-asia-banks-net-profit-drops-by-91-81-2\/"},"modified":"2025-04-20T09:15:00","modified_gmt":"2025-04-20T03:30:00","slug":"nic-asia-banks-net-profit-drops-by-91-81-2","status":"publish","type":"post","link":"https:\/\/english.insurancekhabar.com\/nic-asia-banks-net-profit-drops-by-91-81-2\/","title":{"rendered":"NIC Asia Bank&#8217;s net profit drops by 91.81%"},"content":{"rendered":"<p>Kathmandu. NIC Asia Bank Limited has posted a net profit of Rs 150 million in the third quarter of the current fiscal year 2019\/20.\u00a0 \u00a0The bank had posted a net profit of Rs 1.91 billion in the last fiscal year.\u00a0 Net profit declined by 91.81 percent. <\/p>\n<p>Inline_tags_PLACEHOLDER_1 interest income #\u0916\u0941\u0926 decreased by 2.76 percent. Last year, the net interest income was Rs 8.18 billion, which is now Rs 7.96 billion. The operating profit was Rs 1.29 billion as against Rs 3.62 billion last year. <\/p><\/div>\n<\/p>\n<p><div><\/div>\n<\/p>\n<p>Inline_tags_PLACEHOLDER_1 revenue #\u092a\u094d\u0930\u0924\u093f\u0936\u0947\u092f\u0930 has come down from Rs 17.12 to Rs 1.40. The distributable profit stood at Rs 3.56 billion. The company has raised Rs 294 billion in deposits and has given loans of Rs 233 billion. <\/p><\/div>\n<\/p>\n<p><div><\/div>\n<\/p>\n<p>Bad loans have increased to 5.75 per cent in #\u0915\u092e\u094d\u092a\u0928\u0940\u0915\u094b inline_tags_PLACEHOLDER_1.75 per cent.\u00a0 Last year, bad loans stood at 3.08 per cent. The net worth per share of the company is Rs 199.30. <\/p><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kathmandu. NIC Asia Bank Limited has posted a net profit of Rs 150 million in the third quarter of the current fiscal year 2019\/20.\u00a0 \u00a0The bank had posted a net profit of Rs 1.91 billion in the last fiscal year.\u00a0 Net profit declined by 91.81 percent. Inline_tags_PLACEHOLDER_1 interest income #\u0916\u0941\u0926 decreased by 2.76 percent. Last [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":9304,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45117,45159,45180],"tags":[],"class_list":["post-249810","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bank-finance-en","category-news-en","category-stockmarket-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/249810","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=249810"}],"version-history":[{"count":0,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/249810\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/9304"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=249810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=249810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=249810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}