Kathmandu. Nepal Bank’s net profit has increased sharply. According to the bank’s net profit for the third quarter of the current FY, the net profit of the bank increased by 0.34 percent. During the period, the bank earned a net profit of Rs 2.79 billion.

In the review period, the bank’s earnings per share (EPS) stood at Rs 25.34. During this period, the bank’s net worth per share stood at Rs 272.79.

According to the financial report published by the bank, the non-performing loan of the bank has decreased. The non-performing loan of the bank stands at 4.96 percent. The non-performing loan of the bank was 5.45 percent in the same period of the previous FY.

The bank with Rs 14.69 billion in paid-up capital has reserve fund of Rs 25.39 billion.