Kathmandu. Nabil Bank has earned a profit of Rs 7.12 billion till mid-June of the last fiscal year.

This profit is 15.01 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 6.19 billion.

During the period, the bank’s net interest income declined by 0.06 percent to Rs 16.32 billion. Similarly, operating profit increased by 25.44 percent to Rs 10.84 billion.

As of Mid-June, The bank’s distributable profit stood at Rs 4.77 billion. The bank has the capacity to pay dividends to shareholders at 17.64 percent. It was 11.39 percent in the same period of the previous fiscal year.

During this period, the bank’s ability to pay dividend to shareholders increased by 54.87 percent. The net worth of the bank is Rs 235.58 per share with an income of Rs 26.34 per share. The bank’s bad loans declined from 4.45 per cent to 4.27 per cent.

The bank has a paid-up capital of Rs 27.05 billion and a reserve fund of Rs 31.90 billion. The bank has collected deposits of Rs 524.62 billion and disbursed loans worth Rs 412.79 billion.