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Sanima Bank’s net profit rises by 38.01 percent.

Kathmandu. Sanima Bank Limited has published its unrefined financial position up to the end of the last fiscal year. During this period, the profit of the bank has improved. The bank’s net profit increased by 38.01 percent to Rs 3.55 billion in the review period of the last FY.

Such profit had been Rs. 2.57 billion in the same period of the previous FY. During the period, the bank’s net interest income increased by 10 percent to Rs 6.99 billion. Similarly, the operating profit of the bank increased by 44.44 percent to Rs 5.16 billion.

The distributable profit of the bank stood at Rs 2.83 billion as of mid-July last year. The dividend payout capacity is 20.85 percent.

Presently, the bank has paid-up capital of Rs 15.58 billion and reserve fund of Rs 9.12 billion. The bank collected deposit of Rs 249.11 billion and extended loan of Rs 195.88 billion.

The NPL of the bank has decreased from 3.01 percent to 2.87 percent in the last fiscal year. The bank has EPS of Rs 25.75 and net worth of Rs 188.42.

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