Nabil Bank increased profit by 30.06 percent

Aug Mon 2021 10:43:44

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Nabil Bank increased  profit by 30.06 percent

Kathmandu. Nabil Bank has increased its profit by 30.06 percent in the last fiscal year compared to the previous year. The bank has earned a profit of Rs 4.50 billion as per its financial statement published today.

As of mid-July, the bank's net interest income has increased by 10.64 percent to Rs 7.72 billion while operating profit has increased by 26.35 percent to Rs 6.43 billion. Distributable profit increased by 36.29 percent to Rs. 4.14 billion.

Similarly, the bank has collected Rs 223.47 billion in deposits and invested Rs 198.10 billion in loans during the same period.