Kathmandu. Commercial banks have earned a net profit of Rs 55.79 billion in the first ten months of the current fiscal year.

The 27 operating commercial banks had earned a net profit of Rs 54.35 billion in mid-July last year. By mid-April of the current fiscal year, it has increased by 2.65 percent or Rs 1.44 billion, according to public data released by NRB.

Compared to mid-July last year, Prabhu Bank has the highest profit growth rate in terms of percentage of profit earned by banks till mid-April of the current fiscal year. In addition, the net profit growth rate of Kumari Bank is higher in the second and Nepal Bangladesh Bank in the third.

What is the profit growth of commercial bank of Nepal : Compared to the mid-July of the last fiscal year, the profit of 16 of the 27 commercial banks in operation has increased from 67.63 percent to 7.72 percent by mid-April of the current fiscal year.

Of these, Prabhu Bank had the highest increase and NIC Asia Bank the lowest.

Prabhu Bank had earned a net profit of Rs 1.36 billion in mid-July last year. By mid-April of the current fiscal year, it has increased by 67.63 percent to Rs. 2.29 billion.

Kumari Bank had made a net profit of Rs 1.22 billion till mid-July last year. By mid-April of the current fiscal year, it has increased by 59.69 percent and stood at Rs. 1.95 billion.

Nepal Bangladesh Bank had made a net profit of Rs 1.24 billion as of mid-July last year. Of which, it has increased by 47.64 percent to Rs. 1.83 billion by mid-April of the current fiscal year.

Mega Bank had earned a net profit of Rs 1.52 billion in mid-July last year. Of which, it has increased by 46.23 percent to Rs. 2.22 billion by mid-April of the current fiscal year.

Citizens Bank had earned a net profit of Rs 1.116 billion in mid-July last year. Of which, it has increased by 44.85 percent to Rs. 1.61 billion by mid-April of the current fiscal year.

Global IME Bank had earned a net profit of Rs 3.88 billion in mid-July last year. By mid-April of the current fiscal year, it has increased by 26.87 percent to Rs. 3.91 billion.

Nepal Investment Bank had earned a net profit of Rs 2.57 billion in mid-July last year. Of which, it has increased by 23.65 percent to Rs. 3.17 billion by mid-April of the current fiscal year.

NMB Bank had earned a net profit of Rs 2.27 billion in mid-July last year. Of which, it has increased by 22.89 percent to Rs 2.79 billion by mid-April of the current fiscal year.

Sanima Bank had earned a net profit of Rs 1.70 billion in mid-July last year. By mid-April of the current fiscal year, it has increased by 19.98 percent to Rs. 2.43 billion.

Civil Bank had earned a net profit of Rs 457 million in mid-July last year. Of which, it has increased by 16.77 percent to Rs. 533.6 million by mid-April of the current fiscal year.

Machhapuchhre Bank had earned a net profit of Rs 1.25 billion in mid-July last year. Of which, it has increased by 16.16 percent to Rs. 1.45 billion by mid-April of the current fiscal year.

Nabil Bank had earned a net profit of Rs 3.56 billion in mid-July last year. Of which, it has increased by 13.58 percent to Rs. 4.51 billion by mid-April of the current fiscal year.

Siddhartha Bank had earned a net profit of Rs 2.92 billion in mid-July last year. Of which, it has increased by 12.27 percent to Rs. 2.34 billion by mid-April of the current fiscal year.

NCC Bank had earned a net profit of Rs 1.13 billion in mid-July last year. Of which, it has increased by 10.20 percent to Rs. 1.24 billion by mid-April of the current fiscal year.

NIC Asia Bank had earned a net profit of Rs 3.12 billion in mid-July last year. Of which, it has increased by 7.72 percent to Rs. 3.36 billion by mid-April of the current fiscal year.