Kathmandu. Agriculture Development Bank (ADB) has earned a profit of Rs 4.15 billion till mid-June of the last fiscal year. This profit is 43.38 percent higher than the same period of the previous fiscal year.

In the same period of the previous fiscal year, the bank had earned a profit of Rs 2.89 billion. During this period, the bank’s net interest income decreased, but the operating profit has improved.

The bank’s net interest income declined by 6.93 percent to Rs 9.82 billion compared to the previous fiscal year. Similarly, operating profit increased by 41.27 percent to Rs 5.84 billion.

In the previous fiscal year, the bank’s investment charge stood at Rs 2.45 billion. In the same period of the last fiscal year, it was Rs 106.22 million

is. The bank’s net profit stood at Rs 2.87 billion as of Mid-July. The bank’s profitable capacity is Rs 15.58. In the same period of the previous fiscal year, it was Rs 4.9.

The bank’s bad loans have come down to 3.26 percent. It was 3.91 percent in the same period of the previous fiscal year. In the last fiscal year, the bank collected deposits of Rs 293.57 billion and invested Rs 213.14 billion in loans.

The total assets of the bank now stand at Rs 362.50 billion. The bank’s earnings per share is Rs 27.63 from Rs 18.56. The network has reached Rs 241.4 per share.