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NRBC Bank’s net asset value rises


Published : 29 Oct 2023 10:55 PM

NRBC Bank PLC. has reported in its quarterly financial statement that the Net Asset Value (NAV) per share has increased to 16 taka 47 paisa in the third quarter, which was 15 taka 11 paisa in the same period last year. 

This marks a 9% growth in the bank's Net Asset Value within a year. Additionally, the earnings per share (EPS) have raised from 14 taka  71 paisa to 15 taka  94 paisa per share uniformly.

According to an unaudited financial report presented during the 173rd Board meeting, the company's EPS stood at 1.137 paisa per share in the third quarter of the financial year (July 23 to September 23). On the other hand, EPS increased to 56 paisa.

As per consolidated calculations, the company's EPS was Tk. 2.40 during a nine-month period (January 23 to September 23). It was Tk. 6.58 during the same period in the previous financial year. 

The chairman of the Bank, S.M. Parvez Tamal, presided over this Board Meeting while Directors, Managing Director & CEO, Chief Financial Officer, Company Secretary and other senior officials were present.