Kathmandu. Nepal Investment Mega Bank has become the most profitable bank in the first quarter of the current financial year 2080/081. The bank has earned a profit of 1.52 billion in the first quarter of the current year. During the same period of the previous year, the profit of the bank was limited to 1.14 billion.

This bank is at the forefront in earning net profit. In the first quarter, Nabil Bank earned 1.46 billion, Global IME Bank 1.22 billion, NIC Asia Bank 1.1 billion, Prime Commercial Bank 1.15 billion, Himalayan Bank 1.55 billion, Laxmi Sunrise Bank 1.3 billion. have done

Operating profit, which was limited to 1.62 billion rupees in the first quarter of last year, has increased to 2.60 billion rupees in the current year. Established as Bluepitch Bank, this bank has been doing well in the banking sector of Nepal. It has been mentioned in the financial report released by the bank that the merger has slowed down due to various reasons creating tension in the investment and has moved on the path of making good profits and giving good returns to the investors.

The operating profit of Nepal Investment Bank increased by 59.90 percent to 2.6 billion 54 lakh. Last year, the profit was more than 1 billion 62 million 93 million. This bank has set aside 64.6 million rupees for impresario charge. Last year, 28 crore 16 lakh rupees were allotted under this title. Due to the increase in bad loans, its impairment charge has also increased.

Currently, the paid-up capital of this bank is 34 billion 128 million rupees. Its reserve fund has a total of 25 billion 89 million 38 million rupees. Bank's NPL has increased to 4.83 percent. Last year it was 1.57 percent. Its earnings per share decreased from 24 rupees 92 paisa to 17 rupees 84 paisa. The net worth per share also decreased by 18 rupees 95 paisa to 173 rupees 37 paisa. That is why the distributable profit of the bank is negative.