Kathmandu. Rastriya Banijya Bank Limited, which is wholly owned by the Government of Nepal, has published its financial statements up to the second quarter of the Fiscal Year 2077/78. The bank has managed to earn a net profit of Rs 1.74 billion during the period. The net profit of the bank was Rs. 2.21 billion in the corresponding period of the previous year.

During this period, the bank's total income was Rs 2.44 billion, distributable profit was Rs 1.80 billion, net interest income was Rs 3.91 billion, total operating income was Rs 4.65 billion and net operating income was Rs 4.50 billion. 1.47 billion and investment reached Rs. 74.58 billion.

As of mid-January, the bank's customer deposits reached Rs 241 billion and net loans and borrowings to customers reached Rs 162 billion. Compared to the same period of the previous year, the bank's deposits have increased by 23.91 percent and loans and advances by 10 percent.

As of mid-January, the capital adequacy ratio is 12.70 percent, loan-to-deposit ratio is 65.40 percent, base rate is 5.61 percent, spread rate is 4.09 percent, cost of funds is 3.29 percent and annualized earnings per share is 38.84.