20 of commercial banks of Nepal first quarter Financial statements published out

Nov Mon 2021 11:34:20

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20 of commercial banks of Nepal first quarter Financial statements published out

Kathmandu. Various 20 commercial banks have made public their financial statements up to the first quarter of the current fiscal year. Twenty commercial banks including Nabil Bank, NIC Asia Bank, Mega Bank, Nepal Bank, Prabhu Bank and Laxmi Bank have made public their financial statements up to the first quarter of the current fiscal year.

Nabil Bank As of the first quarter of the current fiscal year, Nabil Bank has made a net profit of over Rs 1.11 billion. According to the bank's disclosed financial statement, the bank's net profit has increased by 7.39 percent over the previous year. The bank had made a profit of more than Rs 1.35 billion during the same period last year. The bank's distributable profit till the first quarter was Rs 851.98 million. At present, the bank's paid-up capital is Rs 13.84 billion.

NIC Asia Bank : NIC Asia Bank Limited has earned a net profit of Rs 1.18 billion in the first quarter of the current fiscal year. This is 15.64 percent more than the corresponding period of the previous fiscal year. The bank had earned a net profit of Rs 1.21 billion in the corresponding period of the previous fiscal year. As of mid-October, the bank's distributable profit stood at Rs. 224.5 million.

NMB Bank :NMB Bank Limited has made a net profit of over Rs 1.44 billion till the first quarter of the current fiscal year. The net profit of the bank has increased by 42.49 percent this year as compared to last year. The bank's net profit for the same period last year was more than Rs 732.9 million. The bank's distributable profit till the first quarter was Rs 458.42 million. At present, the bank's paid-up capital is Rs. 16.32 billion 59.61 million.

Laxmi Bank:Laxmi Bank has earned 76.99 percent more net profit in the first quarter of the current fiscal year than last year. The bank, which made a net profit of Rs 312.37 million last year, has made a profit of Rs 552.87 million this year. The distributable profit of the bank till the first quarter was Rs 2.33 billion. At present, the bank's paid-up capital is Rs. 10.69 billion.

Prabhu Bank:Prabhu Bank has earned 25.14 percent less net profit in the first quarter of the current fiscal year than last year. According to the unrevised financial statement of the public bank on Monday, the bank has made a net profit of Rs 636.32 million this year. Last year, the profit was Rs 851.4 million. The bank's indestructible profit till the first quarter was Rs. 304.43 million. At present, the bank's paid-up capital is Rs 11.34 billion.

Sanima Bank: As of the first quarter of the current fiscal year, Sanima Bank has made a net profit of Rs. 567.86 million. The bank's net profit has increased by 52.14 percent this year as compared to last year. The bank had made a profit of Rs 373.25 million during the same period last year. The distributable profit of the bank till this period is more than Rs. 1.96 billion. At present, the bank's paid-up capital is Rs 9.68 billion.

Mega Bank :Mega Bank Nepal Limited has made a net profit of Rs. 914.68 million till the first quarter of the current fiscal year. Till this period last year, the bank's profit was Rs. 607.93 million. The distributable profit of the bank till this period is Rs. 498.37 million. At present, the bank's paid-up capital is Rs. 14.65 billion.

Nepal Bank:Nepal Bank Limited has earned a net profit of Rs. 754.8 million in the first quarter of the current fiscal year. This is 37.14 percent more than the corresponding period of the previous fiscal year. The bank had earned a net profit of Rs 554 million in the corresponding period of the previous fiscal year. The bank's distributable profit stood at Rs. 146.8 million as of mid-October.

National Commercial Bank: Rastriya Banijya Bank has increased its profit by 26.69 percent till the first quarter of the current fiscal year. According to the bank's first quarter financial statement for the current year, the bank has made a net profit of Rs 1.5 billion. The bank's net interest income has increased by 25 percent to over Rs 2.34 billion.

Prime Commercial Bank : Prime Commercial Bank Limited has earned a net profit of Rs 977.9 million in the first quarter of the current fiscal year. This is 3.90 percent less than the corresponding period of the previous fiscal year. The bank had earned a net profit of Rs 1.17 billion in the corresponding period of the previous fiscal year. The distributable profit of the bank during this period was Rs. 324.8 million.

Kumari Bank : Kumari Bank Limited has made public its unrevised financial statements up to the first quarter of the current fiscal year. According to the financial statement, the bank's net profit has decreased by 10.19 percent this year as compared to last year. The bank's distributable profit for the first quarter stood at more than Rs 1.10 billion. At present, the bank's paid-up capital is Rs. 13.87 billion 84.74 million.

Siddhartha Bank Siddhartha Bank Limited has earned a net profit of Rs 948.73 million till the first quarter of the current fiscal year. According to the bank's unrevised financial statement, the profit has increased by 89.50 percent as compared to the same period of the previous fiscal year. 506 million in the corresponding period of the previous fiscal year