Rastriya Banijya Bank Reports 30.43% Surge in Net Profit to Rs. 5.45 Arba in Q4 FY 2081/82; Impairment Charges Down By 37.79%
Summary
Rastriya Banijya Bank reported a 30.43% increase in net profit to Rs. 5.45 Arba for Q4 FY 2081/82, with operating profit and customer deposits also rising significantly, alongside improvements in key financial ratios.
Key Points
- Rastriya Banijya Bank's net profit rose by 30.43% to Rs. 5.45 Arba in Q4 FY 2081/82.
- Operating profit increased by 31.59% to Rs. 5.38 Arba supported by stable core earnings and lower impairment charges.
- Customer deposits grew 16.60% to Rs. 5.00 Kharba and loans and advances increased 19.79% to Rs. 2.94 Kharba.
- Key ratios improved with capital adequacy ratio rising to 11.84% and NPL ratio declining to 3.59%.
