NIC ASIA Bank excels other competitor banks  in every possible front; registers impressive growth in major indicators as demonstrated in Q2 report

Amid the growing uncertainty in the banking and financial sector in the nation due to the economic impact of COVID 19, NIC ASIA Bank has stood up as one of the few banks with a decent quarter end performance as per the unaudited financial report published by the  bank for Q2 2077-78.

During the review period, the bank has reported an EPS of Rs 35.73 and has managed to increase its net profit by 2.2% to Rs 2.06 arba.

The bank has registered a credit disbursement figure of Rs 233.08 arba which is 22% of the total loan figure extended during the review period by all the commercial banks. It registered a deposit collection figure of Rs 276.20 arba, demonstrated an impressive NPL figure of 0.43% all despite of all sort of the challenges.

The bank currently has 339 branches, 88  extension counters, 78 branchless banking units and 471 ATM booths under its network.