Kathmandu. By the first quarter of the current financial year, Nabil Bank had disbursed Rs. It has made a net profit of over Rs 1.11 billion. According to the unveiled financial statement of the public bank on Monday, the bank's net profit has increased by 7.39 percent over the previous year.

Till this period last year, the bank had disbursed Rs. It had made a profit of more than Rs 1.35 billion. The bank's distributable profit for the first quarter stood at Rs. 851.989 million. Currently, the bank's paid-up capital is Rs. 13.84 billion 44.51 million. The bank's reserve fund, including share premium and retained earnings, is Rs. 20.39 billion 38.93 million.

The bank has raised Rs 4.67 percent to Rs. 225.88 billion 45.16 million has been collected while Rs. 2 billion 7 billion 433 million 72 million 83 thousand loans have been disbursed. Non-performing loans have increased from 0.65 percent last year to 1.13 percent this year. The bank's earnings per share stood at Rs. 32.14 and a net worth of Rs. 247.31.