Rapti Bheri Bikas Bank (RBBBL) has registered a net profit growth of 81.79% in the second quarter of the current FY 2073/74.
According to the unaudited financial report published by the development bank today, its net profit has increased to Rs 1.15 crore in second quarter, up from Rs. 63.59 lakh in the corresponding quarter of the previous fiscal year.
RBBBL’s net interest income has risen to Rs 1.85 crore in Q2 as compared to Rs. 1.16 crore in the corresponding quarter of the last fiscal year.
As of Q2, it has a paid up capital of Rs 14.37 crore with a reserve of Rs 3.33 crore.
The bank also collected deposits of Rs 1.04 arba in Q2, up from Rs 70.55 crore in the corresponding period last year. Likewise, it has extended loans and advances of Rs. 84.44 crore in Q2 whereas in the same period last year, the figure stood at Rs. 63.22 crore.
RBBBL’s annualized Earnings per Share (EPS) has increased by 58.80% to Rs 16.08 per share. It had distributed 15% stock dividend for the year 2072/73, and its AGM has approved 200% right share.
| Indicators (Rs in "000") |
FY 2073/74 Q2 |
FY 2072/73 Q2 |
Difference (%) |
| Paid Up Capital |
143,765.00 |
125,013.00 |
15.00% |
| Reserve and Surplus |
33,358.00 |
32,781.00 |
1.76% |
| Deposits |
1,042,634.00 |
705,512.00 |
47.78% |
| Loans and Advances |
844,406.00 |
632,266.00 |
33.55% |
| Net Interest Income |
18,575.00 |
11,617.00 |
59.89% |
| Provision |
4,413.00 |
2,677.00 |
- |
| Write Back |
104.00 |
246.00 |
- |
| Operating Profit |
11,456.00 |
6,113.00 |
87.40% |
| Net Profit |
11,560.00 |
6,359.00 |
81.79% |
| Capital Adequacy Ratio |
18.67% |
22.00% |
- |
| NPL |
0.52% |
0.44% |
18.18% |
| Cost of Fund |
8.12% |
|
|
| CD Ratio (as per NRB) |
70.90% |
75.00% |
- |
| EPS (Annualized) |
16.08 |
10.17 |
58.08% |
| Networth Per Share |
123.20 |
126.22 |
|
