सिंहदरबार संवाददाता
Kathmandu. Citizens Bank International Limited has reduced bad loans. According to the financial statements published by the bank on Monday, the bad loans have been reduced by 0.56 percent compared to the first quarter of Asoj.
The bad loans, which reached 5.41 percent in the first quarter of Asoj, have come down to 4.85 percent by Poush Mashant. The bank’s base rate has remained at 7.92 percent until the second quarter. The bank has increased its credit flow in the second quarter of the current year. The bank has increased its credit by 5.80 percent in 6 months. Accordingly, the bank has invested Rs 166.74 billion in loans. Such loans were 157.59 billion rupees as of Ashar Mashant 2081.
The bank has increased deposit collection by 3.10 percent. Deposit collection has reached 197.64 billion rupees in 6 months. Such collection was 191.67 billion rupees as of Ashar Mashant 2081. The bank has increased net interest income by 8.27 percent. Interest income has increased from 2.84 billion rupees as of Poush Mashant 2080 to 3.7 billion rupees now.
Net fees and commission charges have increased by 15.26 percent. Net trading income, which was 559 million in 2080, has reached 644 million in 2081.
Similarly, trading income has increased by 229.87 percent. In which, such income, which was 39 million in 2080, has increased to 13 million in 2081. The bank has also made significant progress in income under other headings. The bank has increased its income by 177.22 percent. Such income, which was 30 million in 2080, has reached 85 million in 2081.
The distributable profit of the bank is 158 million.
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