The net profit of the Entrepreneur Bank increased by 11%

According to the report of financial financial news, quoted by the public relations of Entrepreneur Bank; The reports published on Kodal show that the net profit of Bank Karabharin increased by 11% in 1400 compared to 2019 and reached 12 thousand 951 billion 264 million Rials and Bank Karbharar has recognized a profit of 328 Rials per share. .
A review of the statistics and figures published on Kodal shows that the biggest increase in the bank’s income during the year 1400 is related to the income of granted facilities and deposits with an 81% growth, which reached about 65.7 thousand billion Rials. While the income of granted facilities and Deposits during the whole year 2019 amounted to 36.3 thousand billion Rials.
The same statistics emphasize that due to the bank’s policies to increase non-recurring income, the fee income has grown by 71%. At the same time, the income of the facilities has increased by 91% compared to the same period of the previous year, reaching more than 56 thousand billion Rials. Deposit income during the reported period shows a 31% growth compared to the same period last year.
Due to the appropriate amount of bank bonds in order to reduce liquidity risk, the investment income from this place has also grown by 76%.

Growth of capital adequacy ratio
Since appropriate and sufficient capital is one of the necessary conditions to maintain the health of the banking system, and each bank and credit institution must always establish a proper ratio between capital and risk in their assets to ensure the stability and sustainability of their activities. . The information and statistics published on the performance of 1400 entrepreneur banks also show that last year compared to 2019, the capital adequacy ratio has increased and this index has reached 10.98% at the end of 2019 from 10.83% at the end of 2019.
The main function of this ratio is to protect the bank against unexpected losses and to protect depositors and creditors. Due to the protection that this ratio provides against losses, the maintenance of sufficient capital and proportional to the existing risks is the main source of public trust in each bank in particular and the banking system in general.

The growth of lending was 86%
The statistics published on Kodal about the financial performance of the Entrepreneur Bank show that in the year 1400, the Entrepreneur Bank has made a very good progress in the ratio of providing facilities from the attracted deposits and ended the year 1400 with a growth of 86%.

NPL, 3.9% in 1400

Examining the unaudited reports on Kodal shows that the ratio of non-current claims to total NPL payment facilities, which is one of the most important indicators for evaluating the banks’ activity, and its improvement has been seriously on the agenda in the last years in the Bank of Entrepreneurs. and reached 3.9% at the end of 1400. The main reasons for this are the collection of some large non-current cases and the increase in granted facilities. This number reached 4.9 at the end of 2019.
The same statistics emphasize that the growth of the specific reserve of doubtful claims for access to non-current facilities indicates a reduction in non-current facilities and, as a result, a reduction in the risk of such facilities.

82% increase in fees
At the same time, the latest performance report of the year 1400 of the Entrepreneur Bank shows that the net fee income of the Entrepreneur Bank last year reached 3,796 billion and 506 million Rials with an increase of 82 percent, and the total operating income of the bank increased by 33 percent to 36 It was 1,133 billion and 268 million Rials.
The profit and loss account of Entrepreneur Bank also shows that the administrative and general expenses of the bank last year reached 9,662 billion and 20 million Rials with a growth of 62% compared to 2019. This report adds: Entrepreneur Bank, with a capital of 39 thousand 500 billion Rials in 1400, managed to increase its accumulated profit by 561% in one year and reach the figure of 13 thousand 249 billion 152 million Rials.