In a press statement issued by the bank, the net profit of the bank has also increased to Rs 165.40 million from Rs 107.50 million during the same period. The statement also states that this is an increment of 59.68 percent before deducting staff bonus and tax and 53.92 percent in net profit.
The capital fund of the bank in the first quarter of the last fiscal year was 8.54 percent which has increased to 22.37 percent in the same period of the current fiscal year, making the bank probably the bank with the largest capital fund among 26 commercial banks, says the statement.
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