Kathmandu. Himalayan Bank has earned a profit of Rs 1.51 billion till mid-June of the last fiscal year.

This profit is 22.14 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 1.23 billion.

The bank’s net interest income declined by 9.99 percent to Rs 10.45 billion during the period. Similarly, operating profit increased by 88.41 percent to Rs 5.43 billion.

As of Mid-July, the company’s distributable profit stood at Rs 7.10 billion. The net worth of the bank is Rs 175.07 per share with an income of Rs 6.98 per share.

The bank’s bad loans increased from 4.98 percent to 7.28 percent. The bank has a paid-up capital of Rs 21.65 billion and a reserve fund of Rs 23.35 billion. The bank collected deposits of Rs 309.15 billion and disbursed loans worth Rs 232.85 billion.