What is NIFRA  financial statement for the third quarter?

Nepal Infrastructure Bank NIFRA has published the financial statement for the third quarter of the current financial year. How is the financial statement?

• The net profit decreased compared to the same period of last financial year.

• In the first 9 months, the bank made a net profit of Rs 987.3 million.

• Net interest income: decreased by 2.57 percent.

• Net fee and commission income: decreased by 63.28 percent.

• Total Operating Income: Decreased by 3.09 percent.

• Operating profit decreased by 14.99 percent.

• Distributable profit: 47 crore 88 lakh rupees.

• Distributable profit per share: 2 rupees 96 paise.

• Earnings per share: 6 rupees 9 paise.

• Price Earnings Ratio : 34.46 times

• Net worth per share: 110 rupees 65 paise

• Paid up capital: 21 billion 60 million rupees.

• Reserve fund: 2 billion 1 crore rupees.

• Deposits: 24.37 percent increased.

• Credit: Decreased by 7.25 percent.

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