Kathmandu. Machhapuchhre Bank Limited has earned a net profit of Rs 1.10 billion 26 lakh in the third quarter of the current fiscal year. This is 28.89 percent more than the same period of the previous fiscal year. The bank had earned a net profit of Rs 855.4 million in the same period of the previous fiscal year.
The bank’s net interest income increased by 10.41 percent to Rs 4.25 billion 7 lakh during the review period. Similarly, the bank’s total operating income is Rs 5.54 billion 28 lakh, operating profit is Rs 2.57 billion 78 lakh, and distributable profit is Rs 70 million 7 lakh.
The bank has a paid-up capital of Rs 11.62 billion 13 lakh and a reserve fund of Rs 6.53 billion 46 lakh. The bank has collected deposits of Rs 169.659 billion and made loans of Rs 140.615 billion by the end of the third quarter.
Similarly, the bank’s base rate is 6.52, CD ratio is 84.76, NPL is 4.59 percent, and net worth per share is Rs 156.20.
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