NRB Bank reported a profit of Tk 850 million in Q2 2021, up from a loss of Tk 28.5 million in the same quarter the previous year. The bank’s foreign exchange gain and operational efficiency contributed to the turnaround. The bank’s half-yearly results also showed positive results, with a profit of Tk 100 million in January-June 2021. The bank’s top management took corrective measures in Q1 2024, including strengthening loan recovery and client relationships. The consolidated net operating cash flow per share more than doubled to Tk 13.68 for Q2 through June. The bank raised Tk 1 billion through an IPO in February 2021 and is expected to fully utilize the IPO fund.
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