Everest Bank Limited Reports Rs. 3.33 Arba Net Profit in Q3; Distributable Profit Surpasses 4 arba
Summary
Everest Bank Limited reported a net profit of Rs. 3.33 Arba in Q3, a 3.71% decline from last year, with loans increasing by 17.54% and deposits up 1.21%.
Key Points
- Everest Bank Limited recorded a net profit of Rs. 3.33 Arba in Q3, down 3.71% from the previous year.
- Loans and advances grew by 17.54% to Rs. 2.50 kharba.
- Deposits increased by 1.21% to Rs. 3.02 kharba.
- Capital adequacy ratio slightly declined to 12.18% from 12.67% last year.
