Sanima Bank’s Profit Rose 14.67 Percent
Sanima Bank has made public its financial condition up to the third quarter of the current fiscal year. The bank has earned a profit of Rs 1.85 billion so far. The bank’s profit is 14.67 percent higher than the same period last year. The bank had earned a profit of Rs 1.85 billion in the same period last year.
The bank has increased its deposit mobilization by 14.50 percent to Rs 122.79 billion by mid-April, while credit investment has increased by 25.55 percent to Rs 114.06 billion.
The paid up capital of the bank has increased by 10 percent to Rs. 9.68 billion as compared to the same period last year. The reserve fund has increased by 17.22 percent to Rs 3.30 billion. Sanima’s distributable profit is Rs 1.40 billion.