Kathmandu. Global IME Bank has earned a profit of Rs 3 billion more in the second quarter. According to the financial statements for the second quarter made public today (Monday), the bank has earned a net profit of Rs 3.53 billion.
The bank’s profit is 49.51 percent higher than the previous fiscal year. Last year, the bank earned a profit of Rs 2.423 billion during the same period.
As of mid-year, the bank’s net interest income was Rs 10.383 billion, while the bank’s operating profit was Rs 4.20 billion more. During that period, the bank’s distributable profit was Rs 2.645 billion.
As of mid-year, the bank’s paid-up capital was Rs 38.11 billion, while the reserve fund was Rs 26.522 billion.
During that period, the bank’s earnings per share reached 16.02 percent, while the net worth per share was Rs 169.58. The bank’s base ratio is 6.95, while the bank’s bad debt is 4.86 during the period.
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