Abridged Un- Audited Financial Statement for the Half Year ended 30th JUNE 2020.

(Figures in Million)

Assets30.06.202030.06.2019
Cash and Cash Equivalents6,741.345,766.54
Loans and Advances to Banks0.000.00
Loans and Advances to Customers11,675.039,202.73
Other Assets135.50248.70
Property and Equipment’s78.9475.55
Intangible Assets0.000.00
Total Assets18,630.8115,293.52

Liabilities and Equities
Customer Deposits15,661.9812,550.90
Subordinated Debts150.00150.00
Other Liabilities1,169.41783.00
Total Equity1,649.421,809.62
Total Liabilities and Equities18,630.8115,293.52

Statement of Income for the Half year ended

30.06.2020

30.06.2019
Net Interest Income93.78263.47
Net Fee and Commission Income71.7960.69
Other operating income/Loss0.353.13

Total Operating Income

165.92

327.29
Staff costs60.3849.63
Premises Costs8.237.48
General Administrative Expenses40.5535.84
Depreciation of Property and Equipment’s0.000.00
NPA Provisions136.5232.24

Total Operating Expenses

245.68

125.19
Profit Before Tax( 79.76 )202.10
Tax Expenses060.63
Net Loss for the Half year( 76.76 )141.47

The Financial Statements have been prepared in line with the Bhutanese Accounting Standards (BAS)

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