Kathmandu. Sanima Bank has released its financial results for the end of April of the current fiscal year.

The bank has earned a profit of Rs 2.35 billion in the first nine months of the current fiscal year. This profit is 42.22 percent higher than the same period last year. In the same period last year, the bank had earned a profit of Rs 1.65 billion.

During this period, the bank’s net interest income, operating profit increased and the bank’s profit increased due to decrease in impairment charges. According to the bank, net interest income increased by 20.48 percent to Rs 5.16 billion and operating profit increased by 47.50 percent to Rs 3.32 billion.

Similarly, the impairment charge of the bank has come down from Rs 1.40 billion to Rs 1.36 billion. The distributable profit of the bank declined by 2.59 percent to Rs 2.14 billion at the end of March. The dividend paying capacity of the bank is 21.2 paise.

The bank has EPS of Rs 23.07 per share and net worth per share of Rs 179.55 crore. The bank has a paid-up capital of Rs 15.58 billion and a reserve fund of Rs 10.80 billion. The bank has collected deposits of Rs 233.86 billion and disbursed loans of Rs 190.77 billion till mid-April.