Civil Bank's net profit fall by 15% till Q2 of 2076/77; Deposits and loans grow by 21% and 14% respectively

Civil Bank (CBL) reports deposits of Rs 52 billion till Poush 2076 which is a growth of 21% from previous years Rs 43 billion. Similarly, its loans and advances stood at Rs 50 billion with a growth of 14%.

The bank has made a net interest income of Rs 1.19 billion with a total operating income of Rs 1.46 billion till Poush 2076.

On the outflow, the personnel expenses stand at Rs 506 million with 69% growth from last year. The net profit stood at Rs 316 million as against Rs 371 million last year falling by 15%.

The NPL stands at 2.69% with the cost of funds at 8.19%.