Rastriya Banijay Bank Limited (RBB) has reported surge net profit of 46.66% in the second quarter of this fiscal year 2074/75.
As per the published report, the bank has posted increased in net profit to 1.78 arba from 1.21 arba in the second quarter of last year. Net profit increased by 46.66%.
It has made deposit collection of 1.49 kharba & floated in loans of 1.10 kharba.
Net interest income rose to 4.01 arba from 3.04 arba. Its operating profit increased by 76.38% to 2.03 arba from 1.15 arba in the last year.
Its paid up capital is 8.58 arba with reserve of 3.67 arba.
Non-performing loan (NPL) stands at 3.11% from 2.75.
Annualized earning per share is 41.59 & net worth per share is 142.83.
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RBB is totally government owned bank; so it is not tradeable in the secondary market. It is yet to issue share to general public.
Recently, the bank has merged with NIDC Development Bank in 1:1 swap ratio.
