Category/exclusive-news (Total Articles : 2499 )

6 commercial Bank's of Nepal earnings per share above 15 percent

6 commercial Bank's of Nepal earnings per share above 15 percent

Kathmandu. Most banks' returns on equity have fallen below 15 percent. According to the banks' financial statements based on the second quarter of 2077/78, the ROE of most banks is less than 15 percent.In the first six months of the...

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Arun Valley's net profit raised 100 percent

Arun Valley's net profit raised 100 percent

Arun Valley Hydropower Development Company Limited (AHPC) has published its unaudited financial statements for the second quarter of the current fiscal year. According to the statement, the company's electricity sales revenue has declined while net profit has increased.The company has...

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Coming soon three more Reinsurance companies in Nepal

Coming soon three more Reinsurance companies in Nepal

Preparations are underway to bring three new reinsurance companies into operation in Nepal. Preparations are underway to bring Annapurna Re, Prudential Re and another unnamed reinsurance company into operation.For the first time, Sakar Law Firm of Kathmandu had prepared an...

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Standard Chartered Bank's profit declined

Standard Chartered Bank's profit declined

Standard Chartered Bank Limited (SCB) has published its financial statements for the second quarter of the current fiscal year. As per the details, the net profit has decreased along with the business of the bank.The bank has earned a net...

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The profit of the Agriculture Development Bank decreased by 16.5 percent

The profit of the Agriculture Development Bank decreased by 16.5 percent

Agriculture Development Bank (ADBL) has published unaudited financial statements for the second quarter of the current fiscal year. According to the statement, the bank's profit has declined.As of mid-December of the current fiscal year, the bank has earned a net...

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Machhapuchhre Bank's profit declined by 2.32%

Machhapuchhre Bank's profit declined by 2.32%

Kathmandu: The net profit of Machhapuchhre Bank has declined in the second quarter of the current fiscal year. During this period, the net profit of the bank has decreased by 2.32% to Rs. 802.77 million. The bank had earned a profit of Rs 821.85 million...

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What is the financial statement of Siddhartha Bank ?

What is the financial statement of Siddhartha Bank ?

Kathmandu: Siddhartha Bank's profit has declined by 10.50% to Rs 918.74 million in the second quarter of the current fiscal year. Last year, the bank had made a profit of Rs 1.26 billion. Both net interest income and operating profit have declined. The distributable profit...

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Himalayan Bank's net profit declined by 62.51%

Himalayan Bank's net profit declined by 62.51%

Kathmandu: The major financial indicators of Himalaya Bank have declined. Net profit decreased by 62.51% to Rs. 653.267 million in the second quarter of the current Fiscal Year compared to last year. Last year, the bank had made a profit of Rs 1.74 billion.

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NCC's profit declined by 18.81%

NCC's profit declined by 18.81%

Kathmandu: Nepal Credit and Commerce (NCC) Bank has reported a net profit of Rs 614 million in the second quarter of the current fiscal year. Profit is down 18.81% from last year. It had earned a profit of Rs 756.3 million...

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SBI Bank's net profit declined by 48.55% Q2 Report 2077/078

SBI Bank's net profit declined by 48.55% Q2 Report 2077/078

Kathmandu: SBI Bank has earned a net profit of Rs 514.8 million in the second quarter of the current fiscal year. This is 48.55% less than last year. The bank had earned a net profit of Rs 1.7 billion in the same period last year....

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Laxmi Bank's profit also declined by 10.62%

Laxmi Bank's profit also declined by 10.62%

Kathmandu: Laxmi Bank has earned a net profit of Rs 807.11 million in the second quarter of the current fiscal year. Laxmi's net profit decreased by 10.62% compared to the same period last year. The bank's own interest income and operating profit have declined. Distributable...

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Century Commercial Bank's profit declined by 28.24%

Century Commercial Bank's profit declined by 28.24%

Kathmandu: The net profit of Century Commercial Bank has declined in the second quarter of the current fiscal year. Net profit decreased by 28.24% to Rs. 466.59 million during the review period. The bank had earned a profit of Rs 652.87 million in the corresponding...

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Bank of Kathmandu's net profit declined by 19.84%

Bank of Kathmandu's net profit declined by 19.84%

Kathmandu: Bank of Kathmandu's net profit has declined. Bank of Kathmandu's profit has decreased by 19.84% compared to last year and has been limited to Rs. 708.51 million in the second quarter of the current Fiscal Year. The bank had made a net profit of...

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Civil Bank's profit declined by 35.84% Q2 Report 2077/078

Civil Bank's profit declined by 35.84% Q2 Report 2077/078

Kathmandu,  Civil Bank has reported a net profit of Rs. 202 million in the second quarter of the current fiscal year. Profit is 35.84% lower than last year. Last year, the bank had earned a profit of Rs 316.2 million. Civil's distributable profit also declined...

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Mega Bank's profit increased by 37.28% Q2 2077/078

Mega Bank's profit increased by 37.28% Q2 2077/078

Kathmandu: Mega Bank has reported a net profit of Rs 1.30 billion in the second quarter of the current fiscal year. Profit is 37.28% higher than last year. Last year, the bank had earned a profit of Rs 952 million. Mega's distributable profit also increased...

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