Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: The net profit of NIC Asia Bank witnessed rise in its net profit by 1.13 percent in the first quarter (Q1) of 2020-21.
As per the report of the first quarter published by the bank, its net profit increased to Rs 1.02 billion in Q1 this year from Rs 1 billion during Q1 last year.
Meanwhile, the bank’s operating profit increased by 1.99 percent to Rs 1.45 billion Q1 this year compared to Q1 last year.
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