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Todays statement shows this bank needs new core capital to maintain asset equity ratio as per NRB requirements.
Issuing new debentures might help somewhat but new capital infusions may be through fpo is coming soon, if their growth rate doesnt halt.
Its looking very very risky to me.

Like pig exploding from eating too much.

Their loan interest is higher than dev banks by 1.5-2%%.

If liquidity crisis solves soon, NICA may suffer big for short term due to borrowers' flight to other banks.

If liquidity crisis does not solve soon, cause of their high interest rate, NPL is likely to increase more.

Those companies who are not able to pay interest could suffer for mid or long term and would harm Bank too.

I have already halved my loan there.

NIC Asia Bank Limited has posted net profit of Rs 932.75 million and published its 3rd quarter company analysis of the fiscal year 2074/75.

http://sharesansar.com/announcementdetail/nic-asia-bank-limited-has-posted-net-profit-of-rs-93275-million-and-published-its-3rd-quarter-company-analysis-of-the-fiscal-year-207475


Thoughts?