Nabil Bank's profit decreased by 6.38 percent in Q2 Report

Jan Tue 2024 02:43:30

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Nabil Bank's profit decreased by 6.38 percent in Q2 Report

Kathmandu. In the second quarter of the current financial year, the profit of Nabil Bank has decreased by 6.38 percent. According to the financial situation of the second quarter announced by the bank, the profit of the bank has decreased by 6.38 percent to 3.20 billion rupees.

In the same period of the last financial year, the bank earned a profit of 3 billion 41 crore 76 lakh 98 thousand rupees. Similarly, the distributable profit of the bank is 1 billion 878 million 76 thousand rupees, while the net interest income of the bank increased by 5.24 percent to 8 billion 24 million 33 million 44 thousand rupees during this period.

The operating profit of the bank decreased by 6.18 percent to 4.56 billion 11 lakh rupees till the end of January. Similarly, the bank has collected deposits of 4 trillion 28 billion 83 billion rupees and provided loans of 3 trillion 62 billion 87 billion rupees.