Kathmandu. Nepal Bank has released its financial report for the end of April of the current fiscal year. During this period, the bank has earned Rs 2.79 billion.

This profit is 0.34 percent higher than the same period last year. The bank had earned a profit of Rs 2.78 billion in the same period of the previous year. The bank’s net interest income and operating profit have increased during this period.

The bank’s net interest income increased by 2.99 per cent to Rs 78.31 billion. Similarly, operating profit increased by 12.52 per cent to Rs 4.85 billion.

The distributable profit of the bank stood at Rs 32.13 crore till the end of March. The dividend paying capacity of the bank is Rs 2.92.

The bank’s earnings per share is Rs 25.34 and the net worth per share is 272.79 percent. The bad loan of the bank is 4.96 percent.

The bank has a paid-up capital of Rs 14.69 billion and a reserve fund of Rs 25.39 billion. The bank has collected deposits of Rs 384.37 billion and extended loans of Rs 239.44 billion till mid-April.