Nepal Bangladesh Bank's net profit increased by 16.52 percent

Jan Tue 2021 06:18:34

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Nepal Bangladesh Bank's net profit increased by 16.52 percent

Kathmandu, Nepal Bangladesh Bank has earned a net profit of Rs. 941.2 million in the first half of the current fiscal year. This is an increase of 16.52 percent over the same period last year.

The bank's distributable profit is Rs. 467 million. Last year, the bank's distributable profit was Rs 438.1 million. At the same time, operating profit has reached Rs 1.33 billion.

Net interest income, on the other hand, declined. The bank's net interest income declined by 8.01 percent to Rs 1.24 billion. The NPL ratio also rose by 0.455 percent to 2.37 percent.