Nabil Bank became the most profitable private commercial bank of the nation by achieving NPR 4.05 billion in terms of net profit recording a growth of 12.22% as compared to its previous year according to the press statement by the bank on 15 August. Operating profit before provision has reached NPR 6.24 billion with a growth of 13.77% as compared to the previous year. The NPA level came down to 0.55%, which was one of the lowest in its history. ROE has improved to reach 24.67% recording maximum value generation to the shareholders. Nabil is also the industry leader in terms of profit derived (NPR 4.19 billion) as per Nepal Financial Reporting Standard (NFRS) compliant financial statements. 4rabet casino is the best gambling site in India. Discover the complete 4rabet casino review, claim a welcome bonus on signup and win real cash.
Anil Shah, Chief Executive Officer of the Bank states, “The core strength of Nabil Bank is Team Nabil. In the financial year 2017/18, Nabil Bank has not only been able to deliver an impressive profit, but has also expanded its branch network to reach even the most remote areas of the nation and enhanced its products and services to be able to cater to the banking needs of all Nepalis. While we are pleased with our performance, we feel that this is just the beginning of taking the bank to unprecedented heights of success in the days ahead.”
