Kathmandu. Kamana Sewa Bikas Bank’s net profit has increased. In the first quarter of the current fiscal year 2083/84, the bank’s net profit increased by 16.99 percent. During this period, the bank earned a net profit of Rs 23.11 crore. Whereas the bank had earned a net profit of Rs 19.75 crore in the same period of the previous financial year.

During this period, the bank’s net interest income also increased by 1.43 percent to Rs 62.64 crore. During this period, the bank’s bad loans have come down from 4.41 percent to 3.93 percent. After the reduction in bad loans, the bank’s impairment has also come down from Rs 11.06 crore to Rs 4.94 crore.

As per the latest financial report, the bank has earned a net profit of Rs 11.02 crore, a total operating income of Rs 74.58 crore and an operating profit of Rs 33.87 crore.

Similarly, the distributable profit of the bank during the review period is Rs 15.21 crore and the dividend capacity is 15.76 percent. The bank’s earnings per share (EPS) has also increased from Rs 20.46 to Rs 23.13. Similarly, the net worth per share of the bank is Rs 161.84.

The bank has a paid-up capital of Rs 4.21 billion and reserve fund of Rs 2.22 billion.