Kathmandu. Citizens Bank has released the financial status of the fourth quarter of the last financial year.

The bank has earned a profit of Rs 1.29 billion till mid-July of the last fiscal year. This profit is 2.07 percent lower than the same period of the previous fiscal year. In the same period of the previous fiscal year, the bank had posted a profit of Rs 1.32 billion.

During this period, the bank’s net interest income has increased and operating profit has decreased slightly. Net interest income of the bank increased by 11.20 percent to Rs 6.36 billion in the same period of the previous fiscal year compared to mid-June of the previous fiscal year. Similarly, operating profit stood at Rs 2.04 billion in mid-July of the previous fiscal year.

In the same period of the last fiscal year, it was Rs 2.97 billion. The bank’s net profit stood at Rs 775.45 million as of Mid-July. The bank has the capacity to pay dividend to shareholders at Rs 5.25. In the same period of the previous fiscal year, it was Rs 4.32. The bank’s ability to pay dividends to shareholders has increased.

At present, the bank has a paid-up capital of Rs 14.76 billion and a reserve fund of Rs 7.40 billion. The bank collected deposits of Rs 2.11 billion and invested Rs 168.95 billion in loans.

The bank’s non-performing loans increased from 4.10 per cent to 4.94 per cent. The bank’s earnings per share is Rs 8.76 and net worth per share is Rs 155.42.