July 25: Malika Vikas Bank’s net profit has increased by 2 folds to Rs 132.1 million in the fourth quarter of the FY 2072/73. The increase in the net profit is attributed by two folds increment of operating profit along with recover of Rs 37.1 million bad debt of previous FY. The AGM of the bank held on last May has approved 29.14 percent bonus share and 1.54 percent dividend to its shareholders.

Similarly, reserve fund of the bank has increased by 23 percent to Rs 188.6 million and investment has increased by 2 folds to Rs 13.4 million. The bank has Rs 3.95 billion deposit collection and it has extended loan of Rs 3.15 billion. Meanwhile, CD ratio of the bank is 70.69 percent. Interest income of the bank has increased by 22.61 percent and interest expenses have increased by 4.38 percent. Likewise, Employee expenses, total operating income and other operational expenses has increased by 9 percent, 39.50 percent and 3 percent respectively. A fixed asset of the bank has decreased by 92 percent and other assets have increased by 4.80 percent. The bank has decreased provision of possible risk by 99 percent to Rs 227,000. The bank has 4.24 percent capital fund expenditure and capital fund adequacy of 13 percent.