Kathmandu. Sanima Bank has earned a profit of Rs 2.57 billion in the last fiscal year. The profit is 10.92 percent higher than the same period of the previous fiscal year. In the same period of the previous fiscal year, the bank had earned a profit of Rs 2.31 billion.

Net interest income of the bank increased by 2.81 percent to Rs 6.35 billion during the period. Similarly, operating profit increased by 2.97 percent to Rs 3.57 billion. The bank’s net profit stood at Rs 2.78 billion as of Mid-June.

In the previous fiscal year, the bank had the capacity to pay dividend to shareholders at Rs 10.66. Now it has increased to Rs 20.47. With a paid-up capital of Rs 13.58 billion, the bank has a reserve fund of Rs 6.56 billion. The bank collected deposits of Rs 223.95 billion and disbursed loans worth Rs 176.44 billion.

Bad loans of the bank increased from 1.72 percent to 3.01 percent. At present, the bank’s earnings per share is Rs 18.93 and the net worth per share is 168.83 percent.