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. The bank had posted a net profit of Rs 1.91 billion in the last fiscal year. Net profit declined by 91.81 percent.
Inline_tags_PLACEHOLDER_1 interest income #खुद 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.
Inline_tags_PLACEHOLDER_1 revenue #प्रतिशेयर 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.
Bad loans have increased to 5.75 per cent in #कम्पनीको inline_tags_PLACEHOLDER_1.75 per cent. Last year, bad loans stood at 3.08 per cent. The net worth per share of the company is Rs 199.30.
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