NIB Bank announced financial results for Q3 2015 on Wednesday, 21 October 2015. For the nine months ended 30 September 2015, the Bank has posted an operating profit of Rs 3.67 billion compared to an operating profit of Rs 857 million for the same period last year, recorded an increase of 329 percent. Key highlights for the nine months ended 30 September 2015, compared to the same period last year are:
-- Operating profit of Rs 3.67 billion, a 329 percent increase.
-- Total revenue increased by 61 percent to Rs 8.47 billion.
-- Net interest income increased by 24 percent.
-- Non-funded income increased by 101 percent. -PR