Commerz and Trust profits 5.86 cr

Kathmandu, August 14 – Commerz and Trust Bank has  posted an astounding growth in profit for the FY 2069/70. Commerz and Trust’s profit surged by a whopping 286.01%.

 

Commerz and Trust has earned a profit of Rs 5.86 crore, a significant growth over Rs 1.51 crore reported in the last fiscal.

 

Commerz and Trust’s deposits increased 57.31% to Rs 9.96 arba and the bank extended loans and advances of Rs 9.03 arba, which is a rise of 59.87%. The bank’s EPS stands at Rs 2.93 and net worth at Rs 104.86.

 

(Data : NSM)