NIC ASIA Bank registers massive net profit of Rs 1.75 Arba within 1st quarter of current FY; adds 2 lakh plus people into its clientele within 3 months

NIC ASIA Bank has published an unaudited financial report for the first quarter of the ongoing fiscal year 2079-80.

As Per the published statement, the bank has extended the loans of Rs 273.10 Arba, raised deposits of Rs 308.18 Arba, registered massive net profit growth to Rs 1.75 Arba, maintained EPS of Rs 59.62, NPL at 0.59%, added 2 lakh more customers within this quarter thereby taking banking services to more than 34 lakh customers.

The bank currently provides its services to its strong customer base from its 359 branches, 473 ATM terminals, 103 extension counters and 81 branchless banking units throughout the nation.