Hamro Bikas Bank reports 35.60% rise in profit for Q3 of 2071/72

ShareSansar, April 19:

Hamro Bikas Bank has posted 35.60% rise in profit for the third quarter of fiscal year 2071/72. The bank has reported a profit of Rs 11.16 million compared to Rs 8.23 million in the corresponding quarter of previous fiscal year.   

The bank earned a net interest income of Rs 46.80 million in the third quarter. Hamro has Rs 21.96 million in its reserves.

The bank has amassed deposits of Rs 601.58 million and extended loans and advances of Rs 558.77 million. Its credit to deposit ratio (CD ratio) is 76.78%

While the bank’s EPS stands at Rs 13.99, its net worth per share is at Rs 119.32. Hamro Bikas has maintained its nonperforming loan (NPL) at 0.39%.