Kathmandu. Standard Chartered Bank has earned a net profit of Rs 69.21 crore in the first three months of the current FY.

The bank had posted a net profit of Rs 86.22 crore in the same quarter last year. During this period, the profit of the bank decreased by 19.72 percent. During this period, the net interest income and operating profit of the bank have decreased.

The bank’s net interest income decreased by 8.36 percent to Rs 1.07 billion compared to the previous year. Similarly, operating profit declined by 19.68 percent to Rs 989.37 million. This has had an impact on the bank’s profits.

The distributable profit of the bank stood at Rs 2.41 billion as of mid-October. The dividend payout is Rs 36.40.

The bank has a paid-up capital of Rs 10.04 billion and reserve fund of Rs 9.91 billion. The bank collected deposit of Rs 129.62 billion and extended loan of Rs 70.11 billion.

As of mid-October, the bank’s NPL stood at 1.71 percent. It was 1.95 per cent in the same period last year.  The bank has EPS of Rs 27.57 and net worth per share of Rs 613.