Kathmandu. Nepal Bank has earned a profit of more than Rs 3 billion in the fiscal year. The bank has earned a net profit of Rs 3.64 billion, which is 31.40 percent more than the previous fiscal year. In the previous fiscal year, the bank had earned a net profit of only Rs 2.33 billion.

The bank's share capital has increased by 12 percent and reserves and surplus by 9.99 percent in a year. The bank's loans increased by 30.23 percent and deposits from the public increased by 14.99 percent. The bank's non-performing loans improved slightly and its earnings per share increased from Rs 20.68 to Rs 24.26.

The bank's distributable profit increased by 58.20 percent to Rs 3.49 billion. Similarly, net interest income increased by 14.98 percent to Rs 6.46 billion while operating profit increased by 38.34 percent to Rs 4.49 billion.