Kathmandu. Himalayan Bank Limited has released its financial statements for the second quarter of the current fiscal year on Wednesday. According to the report, the bank's net profit has increased by 13.80 percent this year as compared to last year. Last year, Rs. The bank has made a net profit of over Rs. 653.2 million. It has made a profit of more than Rs 743.4 million. The bank's operating profit has increased by 7.66 percent this year. Last year, Rs. The bank has made an operating profit of over Rs. 986.4 million. It has made a profit of more than Rs 1.62 billion. By the second quarter of the current fiscal, the bank's distributable profit stood at Rs. 245.1 million. The bank's distributable profit till this period last year was Rs. 391.3 million.

By distributing 21.38 percent bonus shares from the last fiscal year's profit, the bank has increased its working capital to Rs. 12.96 billion. As of mid-July last year, this capital was Rs. 10.68 billion in the corresponding period of the previous year. The reserve fund of the bank also increased to Rs. 21.70 percent less has been maintained. As of mid-July last year, Rs. 9 billion 448.3 million including the reserve fund of Rs. The committee has been formed at Rs 7.15 billion. During this period, the bank's retained earnings of Rs. 247.1 million and reserve fund of Rs. 7 billion 151.2 million.

Compared to mid-July last year, the bank has increased by 17.37 percent to Rs. 165.51 billion while 19.54 percent more than Rs. 150.67 billion loan has been disbursed. The non-performing loan of the bank has come down to 0.72 percent from 2.13 percent last year. The bank's earnings per share stood at Rs. 11.47 and a net worth of Rs. 157.05.