Followed by two years of financial hardships, the Bank has reverted its regular financial performance showing the balance sheet strength backed by 100% Government guarantee and demonstrating the strong management skills and dedication of employees at all levels.

Downward trajectory in the market interest rates made a positive impact on NSB’s profit and loss statement by lowering cost of funds.

The Bank reported a Net Interest Income of Rs. 14 billion for the first three months of the year, an upswing of 79% compared to the same period in 2023.

Prevalent low interest rates in the financial market abridged the Bank’s Interest Expense by 18% to Rs. 39 billion compared to reduction of Interest Income by 4.3% to Rs. 53 billion which became the major contributor to increase in the Net Interest Income.