Kathmandu. Civil Bank has significantly increased its loan and credit investment in the Fiscal Year 2077/78. Compared to mid-April of the last fiscal year, the deposits of civil banks have increased by 61.965 percent while the credit flow has increased by 54.67 percent. The bank has collected Rs 87.89 billion in deposits and disbursed Rs 81.44 billion in loans during the review period. The bank had collected Rs 54.26 billion in deposits and disbursed Rs 52.65 billion in loans during the same period last year.

Civil Bank has increased its deposits by Rs. 27.76 billion this fiscal year, which is an increase of 46 percent over the mid-July deposits. The growth of bank deposits is seventh in terms of growth and first in percentage growth compared to other commercial banks.

By the end of the third quarter, the number of customers of the bank has reached 541,982. This is an increase of 24.76 percent over the corresponding period of the previous year. The number of customers of the bank was 442,442 till the same period last year.

Civil Bank Limited has significantly improved its NPL ratio till the third quarter of the current Fiscal Year. According to the bank's third quarter financial statements, the bank has managed to reduce its NPL ratio by 61.81 percent during the review period. The NPL ratio declined to 1.13 percent from 2.96 percent in the corresponding period of the previous year.

The bank has managed to earn a net profit of Rs. 502.5 million during the review period, which is 39.39 percent more than the corresponding period of the previous year.