NIB Bank announced financial results for the year 2015 on 24 February 2016. For the year ended 31 December 2015, the Bank has posted an operating profit of Rs 4.37 billion compared to an operating profit of Rs 1.58 billion for the year 2014, an increase of 176 percent.
Key highlights for the year ended 31 December 2015, compared to the year 2014 are: Operating profit of Rs 4.37 billion, a 176 percent increase, total revenue increased by 37 percent to Rs 10.64 billion, net interest income increased by 22 percent, non-funded income increased by 53 percent. Profit after tax of Rs 2,617 million as against loss after tax of Rs 508 million in the year 2014.-PR