Kathmandu. Nabil Bank has earned a net profit of Rs 2.55 billion in the first quarter of the current fiscal year 2083÷84. The net profit of the bank increased by 45.44 percent this year compared to Rs 1.75 billion in the same period of the previous year.
The bank’s impairment charge has come down from Rs 64.72 crore to Rs 16.40 crore. Similarly, the net interest income has increased from Rs 3.90 billion to Rs 4.73 billion.
As of the first quarter, the bank’s distributable profit stood at Rs 2.26 billion. The bank collected deposits of Rs 619.23 billion and disbursed loans of Rs 476.01 billion. During this period, the bank’s bad loan ratio was 4.06 percent and earnings per share was 33.89 rupees.
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