Offeres : Loan on various sectors like Housing, Trade, Hire Purchase, Education more..
Financial Figure
Figures in NRs Thousand

UNAUDITED FINANCIAL RESULT
As of First quarter 2008 (1qF08)

S.N.
Particulars
This Quarter Ending
Previous Quarter Ending
Corresponding Previous Year Quarter Ending
1
Total Capital & Labilities (1.1 to 1.7)
994,417.50
874,642.63
808,609.04
1.1
Paid up Capital
56,000.00
56,000.00
48,000.00
1.2
Reserves & Surplus
27,170.95
41,077.88
22,572.82
1.3
Debenture and Bond
-
-
-
1.4
Borrowing
56,639.89
15,747.66
10,000.00
1.5
Deposits (a+b)
773,158.17
700,648.57
650,946.57
  a. Domestic Currency
773,158.17
700,648.57
650,946.57
  b. Foreign Currency
-
-
-
1.6
Income Tax Liability
-
-
-
1.7
Other Liabilities
81,448.49
61,168.53
77,089.66
2
Total Assets (2.1 to 2.7)
994,417.50
874,642.63
808,609.04
2.1
Cash & Bank Balance
153,742.33
101,095.02
63,555.32
2.2
Money at call and short notice
-
-
-
2.3
Investments
35,000.00
35,000.00
45,500.00
2.4
Loans and Advances
687,609.11
698,721.16
653,536.68
2.5
Fixed Assets
80,514.75
5,885.62
6,639.33
2.6
Non Banking Assets
15,563.65
15,563.65
17,294.26
2.7
Other Assets
21,987.66
18,377.18
22,083.45
3
Profit & Loss Account
Up to this Quarter
Up to Previous Quarter
Up to Corresponding Previous Year Quarter
3.1
Interest Income
17,342.70
89,199.42
14,279.56
3.2
Interest Expenses
12,640.35
48,417.98
11,069.14
  A. Net Interest Income (3.1 to 3.2)
4,702.35
40,781.45
3,210.42
3.3
Fees, Commission and Discount
-
-
-
3.4
Other Operating Income
1,490.37
5,939.63
968.30
3.5
Foreign Exchange Gain/Loss (Net)
-
-
-
B. Total operating Income (A.+3.3+3.4+3.5)
6,192.72
46,721.07
4,178.72
3.6
Staff Expenses
2,051.90
6,064.03
1,720.64
3.7
Other Operating Expenses
1,693.29
7,802.11
1,387.07
C. Operating Profit Before Provision (B.-3.6-3.7)
2,447.53
32,854.93
1,071.01
3.8
Provision for Possible Losses
154.34
1,734.92
163.67
D. Operating Proffit (C.-3.8)
2,293.19
31,120.02
907.34
3.9
Non Operating Income/Expenses (Net)
10.40
53.19
-
3.10
Write Back Of Provision for Possible Loss
-
-
-
  E. Profit from Regular Activities (D.+3.9+3.10
2,303.59
31,173.20
907.34
3.11 Extraordinary Income/Expenses (Net)
-
-
-
  F. Profit Before Bonus and Taxes (F+3.11)
2,303.59
31,173.20
907.34
3.12 Provision for staff Bonus
-
2,833.93
-
3.13 Provision for Tax
-
8,926.87
-
  G. Net Profit/(Loss) (F.-3.12-3.13)
2,303.59
19,412.40
907.34
4
Ratios (%)
At the End of This Quarter
At the End of Previous Quarter
At the End of Corresponding Previous Year Quarter
4.1
Capital fund to RWA
11.10
16.02
12.49
4.2
Non Performing Loan (NPL) to Total Loan
1.73
1.56
1.78
4.3
Total Loan Provision to Total NPL
156.98
138.77
155.71
 
About us
Company Profile
Board Members
Management Team
 
Financial Highlights...

SIFCO is well known for its high profitability and the quality of its loans and advances.

The total outstanding loans and investments of the Company as on 2063 Ashad, 2063 amounted to Rs. 5909.35 Lakhs and the total resources mobilization as on that day amounted to Rs. 6410.02 Lakh, which increased from Rs. 5436.85 Lakh and 5726.53 Lakh, respectively, as on the corresponding period of the previous year more+
 
Our Branch

We have our branch office in Biratnagar too. From there we are providing similar financial services. So please we wish the local people to get best financial service from us. Our office is in Himalayan Road - Mahendra Chowk, Biratnagar. For any enquiry and to get the service please give call in this number 021-523092.

 
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