Kathmandu. Everest Bank Ltd. had a net profit of Rs. It has made a net profit of over Rs 1.82 billion. As per the financial statements the net profit of the bank has decreased by 27.34 percent compared to the same period of the previous year. Last year, the bank had raised a net profit of over Rs 1.67 billion.

The bank's operating profit has declined by 26.96 percent last year. Net interest income fell 25.43 percent, affecting the company's operating profit last year. Till the last fourth quarter, the bank's distributable profit stood at Rs. 2.36 billion. The bank's distributable profit increased by 41.35 percent last year compared to the previous year.

By distributing 5 percent bonus shares, the bank's working capital will increase to Rs. 8 billion 93.37 million 17 thousand while the reserve fund including retained earnings has reached Rs. 11.75 billion more than 1.5 million. The reserve fund of the bank has increased by 16 percent last year as compared to the previous year.

Last year, the bank's deposit collection increased by 11.62 percent and credit flow increased by 13.79 percent. Non-performing loans (NPLs) dropped to 0.12 last year from 0.22 last year. The bank's earnings per share stood at Rs. 20.46 and a net worth of Rs. 232.58.