Second quarter performance of Standard Bank, Prime Bank, Mega Bank and NB Bank

Kathmandu February 12- Operating with Rs. 2 billion 248.1 million paid up capital, net profit of Standard Chartered Bank has decreased by 4.96% to Rs. 612 million in the second quarter of current FY which was Rs. 644.6 million in the corresponding period of previous FY.

Bank has balance of Rs. 4 billion 134.9 in reserve fund. Deposit of the bank has increased by 14.24% to Rs. 55 billion 880 million from Rs. 50 billion 663.7 million of last year. Bank's loan and advance has decreased by 11.38% to Rs. 26 billion 102.3 million from Rs. 29 billion 457.3 million of last year. Similarly, net interest income of the bank has decreased by 8.56% to Rs. 854.3 million and operating profit has declined by 0.22% to Rs. 878.6 million. Bank has balance of Rs. 40.9 million in its provision and has recovered Rs. 53.8 million bad debt.

EPS of the bank is Rs54.45, P/E ratio is 49.13 times and net worth per share is 283.92. Bank has bad debt of 0.41% and risky asset of 15.85%.

Similarly, Operating with Rs. 3 billion 705.2 million paid up capital, net profit of Prime Commercial Bank has increased by 29.55% to Rs. 469.2 million in the second quarter of current FY which was Rs. 362.1 million in the corresponding period of previous FY.

Deposit of the bank has increased by 14.56 % to Rs. 42 billion 306.1 million. Bank's loan and advance has increased by 12.96 % to Rs. 34 billion 118.5 million from Rs. 30 billion 202.1 million of last year. Similarly, net interest income of the bank has increased by 6.45 % to Rs. 693.8 million and operating profit has boosted by 15.61 % to Rs. 585.9 million. Bank has balance of Rs. 123.4 million in its provision and has recovered Rs. 151.4 million bad debt.

EPS of the bank is Rs. 25.33, P/E ratio is 19.34 times, net worth per share is 129.60 and liquidity ratio 30.42%. Bad debt of the bank is rested in 1.46% and risky asset is 12.48%.

Likewise, operating with Rs. 2 billion 870.5 million paid up capital, net profit of Mega bank has increased by 4.20% to Rs. 84.3 million in the second quarter of current FY which was Rs. 80.9 million in the corresponding period of previous FY.

Bank has balance of Rs. 427.8 million in reserve fund. Deposit of the bank has increased by 18.50% to Rs. 23 billion 527.2 million from Rs. 19 billion 854.6 million of last year. Bank's loan and advance has increased by 16.61 % to Rs20 billion 463 million from Rs. 17 billion 548.5 million of last year. Similarly, net interest income of the bank has increased by 3.34% to Rs. 432.6 million and operating profit has increased by  1.61 %  to Rs 252.8 million. Bank has balance of Rs. 53.7 million in its provision and has recovered Rs. 9.72 million bad debt.

EPS of the bank is Rs. 7.79, P/E ratio is 25.30 times, net worth per share is Rs. 114.90  and liquidity ratio is 23.03 %. Bank has bad debt of 1.11 % and risky asset of 12.92%.

Similarly, operating with Rs. 3 billion 39.2 paid up capital, net profit of Nepal Bangladesh Bank has increased by 11.30 % to Rs. 368.5 million in the second quarter of current FY which was Rs. 331.1 million in the corresponding period of previous FY.

Bank has balance of Rs. 2 billion 221.5 million in reserve fund. Deposit of the bank has increased by 30.48 % to Rs. 35 billion 501.2 million from Rs. 27 billion 206.5 million of last year. Bank's loan and advance has increased by 23.18 % to Rs 29 billion 171.1 million from Rs. 23 billion 681 million of last year. Similarly, net interest income of the bank has increased by 22.29 % to Rs. 565.9  million and operating profit has increased by  16.78 %  to Rs 480.1 million. Bank has balance of Rs. 108.4 million in its provision and has recovered Rs. 58.8 million bad debt.

EPS of the bank is Rs. 24, P/E ratio is 20 times and net worth per share is Rs. 173. Bank has bad debt of 1.08 % and risky asset of 10.73%.