Kathmandu, January 21
Civil Bank has made a leap in professionalism. The bank has managed to increase its profit by 150 percent in the first six months of the current fiscal year 2078/79. The bank has earned a total net profit of Rs 500 million as of mid-Poush. The bank had made a profit of only Rs. 202.8 million in the corresponding period last year.
In comparison, the bank’s profit year has increased by 150 percent.
According to the bank’s financial statement up to mid-Poush of the current fiscal year, the
bank's distributable profit is Rs. 697.9 million.
Similarly, the bank’s EPS stood at Rs 11.66 and PE ratio stood at 21.87. The bank has a net
worth of Rs 129.39 per share.
The bank has increased its net interest income to Rs 1.46 billion from Rs 930 million as of mid-Poush last year.
The bank’s cost of funds, bad loans and interest rate spreads have declined while the base rate has risen.
By Karuna Thapa
