Citizens, NICA and Sunrise Banks Q1 report signals banking sectors profit growth this FY too

Citizens  Bank International Limited  (CZBIL), NIC Asia Bank Limited (NICA) and Sunrise Bank Limited (SRBL) have already published its first quarter financial report of the fiscal year 2073/74. Overall performance of the 3 banks seems to be satisfactory as per the major indicators. Seeing this we can easily predict that this year also there will be sound growth of banking business as well as their profit. Both CZBIL and SRBL are able to increase their net profit by more than 100 percent whereas NICA profit increases by satisfactory 65.86% and data is also revealing the fact that banking risk has decrease since all three banks are able to decrease their non performing loan. Let’s see the major performance of these 3 banks is tabular form