RBB Profits Rs 795.7 Million

RBB Profits Rs 795.7 Million

Sept. 1, 2013, 5:45 p.m. Published in Magazine Issue: Vol: 07 No.-06 Aug. 30 -2013 (Bhadra 14, 2070)

Rastriya Banijya Bank earned operating profit of Rs 795.7 million in the last fiscal year. Issuing a statement, the state-owned bank said its operating profit was only Rs 24.9 million in 2011/12.The bank mobilized Rs 91.90 billion in deposits and issued loans worth Rs 49 billion until the end of 2012/13. The bank´s credit deposit ratio was 53.19 percent during the review year. The non-performing credit of the bank stands at 5.31 percent

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