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Nabil Bank’s Net Profit Rises 33.91 Percent, Distributable Profit to Rs 4.37 Billion

nabil bank

Kathmandu. Nabil Bank has published its financial results till mid-April of the current fiscal year.

During the period, the bank earned a net profit of Rs 6.76 billion. The profit increased by 33.91 percent compared to the corresponding period of the previous FY. The bank had posted a net profit of Rs 5,014 crore in the same quarter last year.

The distributable profit of the bank reached Rs 4.37 billion. The bank’s net interest income increased by 3.36 percent to Rs 12.45 billion.

The bank’s operating profit increased from Rs 7.62 billion to Rs 9.61 billion.

The bank has paid-up capital of Rs 32.05 billion and reserve fund of Rs 34.40 billion. The NPL of the bank has come down from 4.96 percent to 3.37 percent.

The bank has EPS of Rs 33.02 and net worth per share of Rs 243.30.

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