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Categorized under: Banking, National

Sunrise Bank earns Rs.96.9 M net profit

sunriseSunrise Bank Limited has earned Rs.96.9 million net profit in the first six month of the current fiscal year.

A press statement issued by the bank said that its net profit had surged by 107.44 percent compared to the profit earned in the same period last fiscal year. In the same period, deposit mobilization of the bank stood at Rs.13.71 billion, an increase by 59 percent as against the deposit mobilized in the same period last year.

Likewise, the bank floated Rs.12.41 billion, which is a increase by 78 percent. The bank has 30 ATMs and 26 branches across the country.

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