Kathmandu. Operating commercial banks' net profit has increased. Banks have earned Rs 33.46 billion in the first six months of the current fiscal year. This is 7-70 percent more than the six months of the previous fiscal year.

Himalayan has not disclosed its financial details. The bank had earned a net profit of Rs 653.2 million in the first six months of the previous year.

As of mid-December of the current financial year, Global IME Bank has been ranked number one among the most profitable banks. The bank, which earned Rs 2.31 billion in the first six months of the previous year, has earned a net profit of Rs 2.66 billion till mid-January of the current fiscal year.

NIC Asia Bank is the second most profitable company. The bank, which has been very aggressive in business expansion, has surpassed even Nabil and Rastriya Banijya Bank. NIC Asia Bank, which earned only Rs 2.6 billion in the first six months of last year, has earned a profit of Rs 2.40 billion in the second quarter of this year.

Similarly, while Nabil Bank earned a net profit of Rs 2.18 billion in the first six months, the state-owned Rastriya Banijya Bank earned a profit of Rs 1.92 billion. In the corresponding period of the previous year, Nabil earned Rs 2.1 billion and Rawa Bank earned Rs 1.75 billion.

NMB Bank is the fifth most profitable bank. NMB Bank has earned a net profit of Rs 1.71 billion as of mid-January this year as against Rs 1.61 billion in the same period last year.