The 322nd BOD meeting of Nepal Investment Bank Ltd. held on 25 August 2009 has proposed 20% cash dividend to its shareholders from the profit of fiscal year 2065/66 which is subjected to approval from NRB and AGM.According to fourth quarter financial report of the bank, it had earned Rs. 914.575 millions net profit for the fiscal year 2065/66 with Rs. 1.328 billions operating profits. However, the bank has 2.407 billions paid up capital and Rs. 1.996 billions in its reserve and surplus. Its NPL to total loan stands at 0.82% and total loan loss provision to total NPL is 193.45 percent.
Likewise, fourth quarter company analysis of the bank affirms Rs. 38 as earning per share, P/E ratio stands at 36.53, Rs. 182.93 net worth per share and liquidity ratio of 10.32 percent.
Source: Jamb News Service
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