Kathmandu. Everest Bank has earned nearly three and a half billion net profit. The fourth quarter financial statement of the last financial year 2079/80 released by the bank on Sunday showed this. During the review period, the net profit of the bank increased by 36.85 percent and reached 3 billion 39 million 31 lakh 54 thousand rupees. In the fourth quarter of the previous year, the bank earned a net profit of 2.47 billion 94 million rupees.

During the review period, the bank's net interest income also increased by 43.74 percent and reached 7 billion 44 million 80 lakh 74 thousand rupees. Similarly, during the review period, the bank's operating profit has reached 4.847 billion 51 thousand rupees. Which is 36.50 percent more than the same period of the previous year.

The distributable profit of the bank has also increased to 4 billion 33 crore 32 lakh 5 thousand rupees. The current paid-up capital of the bank is 10 billion 69 million 80 million 94 thousand rupees. This year, the bank has made the ability to give 40.50 percent dividend to its shareholders. This is higher than other banks.

The bank has kept 10 billion 227 million 49 thousand rupees in reserves and funds. Bank's bad loans are also less than 1 percent. At present, the bank has only 0.79 percent bad loans. The bank's earnings per share is Rs 31 72 paisa and net worth per share is Rs 238 33 paisa.