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Everest Bank’s profit rises to Rs 4.91 billion

nabil bank

Kathmandu. Everest Bank has earned a profit of Rs 4.91 billion in the last fiscal year.

The profit is 32.80 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 3.70 billion.

Net interest income of the bank increased by 19.36 percent to Rs 9.12 billion and operating profit increased by 31.62 percent to Rs 7.45 billion.

The bank’s net profit stood at Rs 4.95 billion as of Mid-July. In the previous fiscal year, the bank had the capacity to pay dividend to shareholders at Rs 28.06. Now it has increased to Rs 38.27.

The bank has a paid-up capital of Rs 12.94 billion and a reserve fund of Rs 13.88 billion.

The bank collected deposits of Rs 298.81 billion and disbursed loans worth Rs 152.46 billion.

At present, the bank’s bad loans have come down from 0.71 percent to 0.38 percent. At present, the bank’s earnings per share is Rs 37.99 and the net worth per share is 247.39 percent.

Prabhu
sikhar insurance

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