Standard Chartered Bank Increased Profit

Jan 21, Kathmandu- Standard Chartered Bank has earned a net profit of 1.75 billion rupees till the second quarter of the current year. 1 billion 867 million net profit was earned during the review period of last year.

According to the unrefined financial statement published by the bank today, the distributable profit exceeded 1 billion by the end of Paush.

Likewise, the net interest income has increased to 2.84 billion 6.4 million. During the review period of last year, 1 billion 65 million 18 million 33 thousand net interest income was earned. The operating profit has increased to 2 billion 51 crores 36 lakh 39 thousand rupees.

According to the financial statement published today, the bank's earnings per share increased to 37.19 rupees, net worth per share to 195.73 rupees, and bad loans by 0.72 percent.