NRB Commercial Bank's losses widened in Q2

NRB Commercial Bank's losses widened in the April-June period of 2023.

The fourth generation bank's earnings per share (EPS) hit Tk 0.51 in the negative in the second quarter of 2023, down from Tk 0.065 in the negative in the same period of 2022.

The bank's EPS also declined in the January-June period, as it hit Tk 0.51 in the first half of 2023, down from Tk 0.73 in the same period the previous year.

The banking financial institution shared the date through a web posting on the website of the Dhaka Stock Exchange (DSE).

The bank's paid-up capital is Tk 828 crore at present and it provided 7.5 per cent cash and 4.50 per cent stock dividends to its shareholders for the year of 2022, according to the DSE data.

Stock price of the bank remained same at Tk 16.8 at the DSE today compared to yesterday.