Top 10 Banks of Nepal profit 1st Quarter 2081/082 : How much profit of the Banks of Nepal

Oct Mon 2024 02:14:07

717 views

Top 10 Banks of  Nepal profit 1st Quarter 2081/082 : How much profit of the Banks of Nepal

Kathmandu: According to the latest data published by the Nepal Rastra Bank, the 20 commercial banks that are currently operating have earned a total profit of 17.69 billion 21 lakh rupees in the 2 months of the current year. Compared to the same period of the last financial year, the profit of 14 banks has increased, while the profit of 6 banks has decreased. The profit of Nepal SBI Bank has increased the most, while the profit of NIC Asia has decreased the most.

By the end of August, the banks had earned a profit of 16 billion 64 billion 86 lakh 90 thousand rupees. In 2 months of the current year i.e. till August, they have earned 17 billion 69 crore 21 lakh 10 thousand rupees. Nepal SBI Bank has increased the most profit. During the review period, the profit of the bank increased by 95.60 percent. In the first 2 months of the last financial year, the bank earned a profit of Rs. 27 crore 29 lakh, and in the same period of the current financial year, the bank made a profit of Rs. 53 crore 39 lakh.

Agricultural Bikas Bank is the second most profitable bank. The profit of Krishi Bikas Bank has increased by 44.10 percent. The bank, which earned a profit of Rs 61.56 crore till August of the last financial year, has made a profit of Rs 887 crore till the same period of the current financial year. Prabhu Bank is the third most profitable. Prabhu's profit has increased by 37.50 percent. The bank, which earned a profit of Rs 664.1 million till August of the last financial year, has earned a profit of Rs 91.32 million till the same period of the current financial year.

Sanima Bank increased its profit by 34.60 percent, Citizens Bank by 33.10 percent, Standard Chartered Bank by 25.10 percent, Prime Bank by 16.50 percent, and Everest Bank by 15.90 percent. National Commercial Bank has the lowest profit. The profit of this bank has increased by only 1.10 percent.

Out of 20 commercial banks, the profit of 14 banks increased while the profit of 6 banks decreased. The profit of NIC Asia Bank has decreased the most by 27.90 percent. The bank, which earned a profit of 80.5 million rupees till August of the last financial year, has earned a profit of 57.75 million rupees till the same period of the current financial year.

Global IME Bank is among the most profitable. whose profit has decreased by 10.80 percent. The bank, which earned 1.75 billion 58 lakh rupees till August of the last financial year, has earned a profit of 1.56 billion 61 lakh rupees till the same period of the current financial year.

During the review period, the profit of Kumari Bank decreased by 5.30 percent, Himalayan Bank by 5.20 percent, Nepal Investment Mega Bank by 5 percent and Nepal Bank by 4.10 percent.