How much distributable profit of 8 commercial banks of Nepal

Jul Mon 2022 03:16:50

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How much distributable profit of 8 commercial banks of Nepal

Kathmandu. 8 commercial banks have published the unrefined financial statements up to the last quarter of the last financial year. 8 commercial banks including Citizens Bank, NIC Asia Bank, Prabhu Bank, Laxmi Bank, Sunrise Bank have released their financial statements.

Citizens Bank : Citizens Bank International Limited has earned a net profit of 2.25 billion 11 lakh rupees till the fourth quarter of the last financial year. This is 24.76 percent more than the same period of the previous financial year. In the same period of the previous financial year, this bank earned a net profit of 1.80 billion 43 lakh rupees. During this period, the distributable profit of the bank is 1 billion 42 crore 46 lakh rupees.

NIC Asia Bank : NIC Asia Bank Limited has published unrefined financial statements for the fourth quarter of the last financial year 2078/79. By the fourth quarter of the last financial year, the bank has made a net profit of more than 4.52 billion.

According to the financial statement released by the bank, the net profit has increased by 38.86 percent compared to the same period of the previous financial year. Last year, until the fourth quarter, the bank had made a net profit of more than 3 billion 25 crores.

Global IME Bank : In one year, Global IME Bank Limited has earned a net profit of more than 5 billion 20 million rupees. According to the unrevised financial statement of the fourth quarter of the last financial year published by the bank, the net profit has increased by 25 percent compared to the same period of the previous year. Until the same period of the previous year, the bank made a net profit of more than 4.16 billion.

Compared to the previous year, the operating profit of the bank increased by about 27 percent last year. Last year, the bank, which made an operating profit of more than 5.95 billion crores, made a profit of more than 7.56 billion crores last year. Until the fourth quarter of last year, the distributable profit of the bank is more than 3 billion 19 million.

Prabhu Bank : Prabhu Bank has earned a net profit of 2.6 billion 3 lakh rupees till the fourth quarter of the last financial year. In the fourth quarter of the previous financial year, the bank earned a net profit of 1.48 billion 24 lakh rupees. Net interest income of this bank increased by 23.03 percent, net fee and commission income increased by 26.76 percent. Similarly, during this period, the bank's total operating income increased by 18.36 percent and operating profit by 47.75 percent.

Machhapuchhre Bank : Machhapuchhre Bank has increased its profit by 34.43 percent. The bank made a net profit of 2.16 billion rupees in the fourth quarter of the last financial year. In the previous financial year, the bank earned a net profit of 1.6 billion 74 million rupees. By the end of June, the distributable profit of the bank is 1 billion 328 million rupees.

Sanima Bank : Sanima Bank Limited has earned a net profit of 2.29 billion 29 lakh rupees till the fourth quarter of last financial year. This is 1.07 percent less than the same period of the previous financial year. In the same period of the previous financial year, the bank had earned a net profit of Rs 2.31 crore 78 lakh. During this period, the distributable profit of the bank is 1 billion 46 crore 99 lakh rupees.

Laxmi Bank : Laxmi Bank Limited has published unrefined financial statements for the fourth quarter of last financial year. According to the statement, the net profit of the bank is 1.6 billion 35 million rupees. This is 1.76 percent more than the same period of the previous financial year. In the same period of the previous financial year, the bank had earned a net profit of Rs 1.57 crore 57 lakh. During this period, the distributable profit of the bank is 1 billion 25 million 52 million rupees.

Sunrise Bank:  Sunrise Bank Limited has earned a net profit of 2.15 billion rupees till the fourth quarter of last financial year. This is 48.69 percent more than the same period of the previous financial year. In the same period of the previous financial year, the bank had earned a net profit of 1 billion 44 crore 65 lakh rupees. During this period, the distributable profit of the bank is 25 crore 61 lakh rupees.