Kathmandu. Nabil Bank Limited has published unrefined financial statements for the first quarter of the current financial year. According to the details, Nabil Bank will become the most profitable bank among the 20 commercial banks.

In the first three months of the current financial year, the bank has earned a net profit of 2 billion 565 million rupees. It is 39.97 percent more than the same period of the last financial year. In the same period of the last financial year.

Even though the net interest income has decreased, the bank's profit has increased due to the reversal of impairment charges. During the review period, the net interest income of the bank has decreased by 0.81 percent, while the operating income of the bank has increased by 36.09 percent to 2 billion 893 million rupees. By that period, the bank's impairment charge of Rs 45 crore 77 lakh has been reversed.

By the end of October, the distributable profit of the bank is 4 billion 98 million 12 lakh rupees. This bank, which has a paid-up capital of 27 billion 569 million rupees, has collected deposits of 479 billion 455 million rupees and disbursed loans of 381 billion 28 million rupees.

Along with the profit, the bank's earnings per share have also increased. During the review period, the income of the bank increased by 8 rupees 52 paisa to 29 rupees 83 paisa. As of mid-October, the bank's net worth per share is 229 rupees 48 paise.