Kathmandu. By the fourth quarter of last fiscal, Siddhartha Bank had raised Rs. It has made a net profit of over Rs 2.83 billion. This is an increase of 32.31 percent over the corresponding period of the previous year. Last year, the bank had raised Rs. It had made a profit of over Rs 2.14 billion.

As per the financial statements of the public bank up to the said period on Sunday, the distributable profit was Rs. 1 billion 217.66 million. Distributable profit has increased by 40.5 percent this year. By increasing the paid-up capital through 12 percent bonus share to Rs. 10.96 billion 22.99 million. The reserve fund of the bank is Rs. 9.30 billion.

29.5 percent more than the previous year. The bank has accumulated more than Rs. 180.92 billion in deposits, an increase of 28.30 percent to Rs. More than 158.54 billion 18 million loans have been disbursed.

The non-performing loan ratio has been 1.16 percent this year as against 1.38 percent in the previous year. The bank's earnings per share stood at Rs. 25.87 and a net worth of Rs. 184.86.