Kathmandu. The non-performing loan of the government-owned Rastriya Banijya Bank stood at 4.55 percent in the first six months of the current fiscal year. During the period, the bank made a profit of Rs 1.75 billion.

Addressing a program organized on the occasion of 61st anniversary of the bank, Chairman of the Board of Directors of the Bank, Dev Kumar Dhakal, said that the bank has been issuing loans by prioritizing productive sectors.

“At present, positive signs are seen in capital market, construction, service, investment promotion and development construction sectors which has also boosted hope in economy,” he said.

Chief Executive Officer of the Bank, Devendra Raman Khanal, said that the bank has been providing financial services with innovative thinking and determination.

“We are preparing to issue debentures worth three trillion rupees to strengthen the bank’s capital base,” he admitted that increasing the loan flow was a challenge. The bank currently has an investible amount of Rs 171 billion on the basis of loan and deposit ratio and Rs 139 billion in liquidity, but it is in a position to disburse additional loan of Rs 18 billion on the basis of capital adequacy. ”

The bank has been serving more than 47.43 lakh customers towards deposits and 2.26 lakh for loans. The bank has a paid-up capital of Rs 15.63 billion and has collected deposit of Rs 553 billion and extended loan of Rs 19 billion.