Kathmandu, November 2:

Nabil Bank Ltd posted a net profit of Rs 222 million — an increase of 38.8 per cent in comparison to the same period last fiscal year. “It has also posted an operating profit of Rs 368 million before provision, which is an increase by 39.3 per cent,” said a press release.

In the first quarter (Q1), the bank’s total deposit was Rs 32,075 million, a growth of 35.4 per cent.

Total loans and advances were Rs 245630 million, a growth of 35.4 per cent over the same period last fiscal year. Its NPA stands at 1.06 per cent.