Kathmandu. Commercial banks have released their financial statements for the first three months of the current fiscal year. Corona's lockdown has had an impact on the profits of most commercial banks. Even in this epidemic, some commercial banks have seen a significant increase in profits.

 Century Commercial Bank

Century Bank has earned a net profit of Rs. 222.59 million till the end of the first quarter of the current fiscal year. The bank had earned a profit of Rs 370 million in the first quarter of last year. Century's distributable profit is also negative at Rs 110 million due to Corona. The bank's net profit has come down along with the decline in net interest income and operating profit. The distributable profit of the bank has been negative at Rs. 116.16 million during the period.

 The bank, which has a paid-up capital of Rs 8.41 billion, has a reserve fund of Rs 1.89 billion and a retained earnings of Rs 565.9 million. At the end of the last fiscal year, the bank had Rs 1.53 billion in reserve fund and Rs 682.1 million in retained earnings.

Nepal SBI Bank

 By the end of the first quarter of the current fiscal year, the bank has earned a net profit of Rs. 205.2 million. This is 54.14 percent less than the corresponding period of the previous fiscal year. The bank had earned a net profit of Rs 437.2 million in the corresponding period of the previous fiscal year. The distributable profit of the bank during this period has been Rs. 25.83 million.

The bank's net interest income declined by Rs 437.3 million to Rs 598.5 million. The bank's operating profit has declined by Rs 338.6 million to Rs 285.4 million.

The bank, which has a paid-up capital of Rs 8.95 billion, has a reserve fund of Rs 4.58 billion and a retained earnings of Rs 1.43 billion.

Nepal Investment Bank

The bank has earned a profit of Rs 620 million. The bank had earned Rs 840 million in the corresponding period last year. The revenue decreased by 26.12 percent compared to the same period last year. The bank had earned a net profit of Rs 844.4 million in the corresponding period of the previous fiscal year. The distributable profit of the bank is Rs. 205 million 98 thousand.

 The non-performing loan of the bank has increased from 2.84 percent to 2.80 percent. In the last three months, the bank's deposits have increased from Rs 166.36 billion to Rs 184.88 billion, while loans have declined from Rs 135.45 billion to Rs 139.2 billion. Along with net profit, the bank's earnings per share has declined to Rs 17.51.

Siddhartha Bank

Siddhartha Bank also has a profit of Rs 500 million. Earlier, the bank's profit was Rs 520 million. This is Rs. 27 million less than the corresponding period of the previous fiscal year. The distributable profit of the bank is negative at Rs. 486.23 million.

According to the bank's unrevised financial statement for the first quarter of the current fiscal year, the bank's net interest income declined by Rs 88 million to Rs 1.34 billion during the review period.

NMB Bank

According to NMB Bank's unrevised financial statement for the first quarter of the current fiscal year, the bank has earned a net profit of Rs. 732.97 million by the end of the first quarter of the current fiscal year.

 This is an increase of Rs. 461.1 million or 169.62 percent over the corresponding period of the previous fiscal year. The bank had earned a net profit of Rs 271.8 million in the corresponding period of the previous fiscal year. The increase in net interest income of the bank is due to the decrease in improvisation charges.

NCC Bank

Nepal Credit and Commerce (NCC) has earned a profit of Rs 330 million in the first three months. The bank's profit for the three months was 1.69 percent lower than last year. The bank had earned a profit of Rs 340 million in the same period last year. The bank's distributable profit in the first quarter was Rs. 122.5 million.

 The bank has earned net interest income of Rs. 795 million in the first quarter. This is about Rs 40 million less than last year. The bank had earned net interest income of Rs 837.1 million in the corresponding period of the previous year.

The bank has collected Rs 80.89 billion in three months from Rs 73.78 billion in the same period last year. The bank's credit investment has increased from Rs 65.10 billion to Rs 67.52 billion.

Laxmi Bank

Lakshmi Bank's profit is Rs. 31 crore. The bank had earned a profit of Rs 400 million in the same period last year. Laxmi's distributable profit is only Rs 30 million. Lakshmi Bank has earned a net profit of Rs. 312.3 million in the first quarter of the current fiscal year.

 According to the bank's financial statement, the bank has earned a net profit of Rs 312.3 million in the first quarter of the current fiscal year. This is 22.28 percent less than the corresponding period of the previous fiscal year. The bank had earned a net profit of Rs 401.9 million in the corresponding period of the previous fiscal year.

The bank's deposit mobilization has increased from Rs 98.37 billion to Rs 101.17 billion, while credit investment has declined from Rs 88.45 billion to Rs 87.56 billion. The bank's business seems to have contracted during this period.

Rastriya Banijya Bank 

Rastriya Banijya Bank has made a profit of Rs 829.2 million in the last three months. The profit has decreased by 27 percent compared to the same period last year. It had made a profit of Rs 1.12 billion in the previous year.

The NPL ratio of the bank has also increased in the first three months of this year. The NPL ratio of the bank is 4.10 percent. It was 3.50 percent in the previous year.

Commercial banks have deposited Rs 238 billion as of mid-October. Last year, the deposit was Rs 230 billion. 1.49 billion for such loans. Commercial banks with a paid-up capital of Rs 9 billion have reserves of Rs 13.47 billion. Its distributable profit is Rs. 430 million.

Civil Bank

Civil Bank has earned a profit of Rs 96.67 million in the first quarter of the current fiscal year. Which is a decrease of 39.17 percent in the first quarter of last year. The profit of the bank was Rs. 158.95 million in the corresponding period of the previous year. The distributable profit of the bank is negative at Rs. 129.97 million.

The bank has a paid up capital of Rs 8.33 billion and a reserve fund of Rs 1.66 billion. The bank has collected Rs 69.40 billion in deposits and has invested Rs 56.92 billion in loans.

NIC Asia Bank

NIC Asia Bank has managed to increase its profit in the first three months of the current fiscal year. The bank's profit is Rs 1.2 billion. The bank had made a profit of Rs 1 billion in the same period last year. The distributable profit of the bank during the same period was Rs. 46.6 million. The bank's net interest income is Rs 1.98 billion. The bank's operating profit has increased by Rs 28.4 million to Rs 1.45 billion.

 The bank has a reserve fund of Rs 6.69 billion. Similarly, Rs 2.24 billion has been accumulated in retained earnings. 5.54 billion in the reserve fund and Rs. 1.97 billion in retained earnings of the last fiscal year. The bank's earnings per share, which stood at Rs 40.78, has increased to Rs 42.14 in the same period of the current fiscal year.

Machhapuchhre Bank

Machhapuchhre Bank has earned a net profit of Rs 369 million in the first quarter of the current fiscal year. The profit has decreased by 4 percent compared to the same period last year. The bank had earned a net profit of Rs 376 million in the corresponding period of the previous fiscal year. The bank's distributable profit is only Rs 60 million.

The bank's distributable profit stood at Rs 66.6 million in the first quarter. The bank has earned net interest income of Rs 955.3 million. The bank had earned net interest income of Rs 952.4 million in the corresponding period of the previous year. The bank's non-performing loan ratio rose from 0.31 percent to 0.42 percent, according to the bank's published financial statements.

Global IME Bank

Global IME Bank Limited has earned a net profit of Rs 1.58 billion. As per the details, the bank has managed to make a profit of more than Rs 1 billion during the period. The distributable profit of the bank is Rs. 226.1 million.

It is Rs. 305.6 million more than the corresponding period of the previous fiscal year. The bank had earned a net profit of Rs. 753.1 million in the corresponding period of the previous fiscal year. The distributable profit of the bank has decreased due to the allocation of Rs. 518.9 million in the bank's nut fund.

Everest Bank

The bank's profit has also shrunk to Rs 330 million. Everest Bank's profit has decreased by 51.54 percent compared to last year. The bank's profit was Rs 690 million in the corresponding period last year. The bank's distributable profit is only Rs 130 million.

The company has earned a net profit of Rs. 334.764 million in the first quarter of the current fiscal year. It is 51.54 percent less than last year. The bank had earned a net profit of Rs 698.68 million in the corresponding period last year.

Kumari Bank

Kumari Bank has released its financial statements for the first quarter of the current fiscal year on Monday. According to the statement, the bank's profit has increased by 49.89 percent this year as compared to last year. In the first quarter of this year, the bank raised Rs. It has earned a profit of Rs. 602.543 million. The bank's distributable profit is Rs 250 million.

Prime Bank

Prime Commercial Bank has made a net profit of 54.24 percent more in the first quarter of this year than last year. The bank has made public its financial statements for the first quarter of the current fiscal year. According to the statement, the bank's profit is Rs 1.176 billion. The bank had made a net profit of Rs 659.767 million in the first quarter of last year.

The bank, which made an operating profit of Rs 944.49 million last year, has made an operating profit of Rs 1.44 billion in the same period this year. The bank's operating profit has increased by 53.27 percent this year as compared to last year.

Nepal Bank

Nepal Bank's net profit has declined in the first quarter of the current fiscal year. The bank's profit is Rs 550 million. The bank's profit was Rs 580 million in the corresponding period last year. The bank's distributable profit for the first quarter stood at Rs 196.4 million.

 Citizens Bank

Citizens Bank International Limited has shown that its unaudited financial statements for the first quarter of the current fiscal year have increased to Rs. 51 crore. The bank's profit was Rs 340 million in the corresponding period last year. Its distributable profit is only Rs 9.2 million. The distributable profit of the bank during the period was Rs. 92.74 million.

The bank has earned a net profit of Rs 515.591 million in the first quarter of the current fiscal year. This is an increase of 47.66 percent or Rs. 166.42 million more than the same period last year. The bank has earned a net profit of Rs. 554 million in the first quarter of the current fiscal year. The bank's profit in the first quarter was Rs 31.40 million less than last year. The bank had made a net profit of Rs 581.8 million in the first quarter of the last fiscal year.

Prabhu Bank

Prabhu Bank Limited has earned a net profit of Rs. 851.4 million in the first quarter of the current fiscal year. This is an increase of 35.25 percent over the same period last year. The bank had earned a net profit of Rs 628.4 million in the corresponding period of the previous fiscal year. The distributable profit of the bank is Rs. 175.6 million.

Mega Bank

Mega Bank's profit has increased to Rs 600 million. As per the details made public by the bank, the net profit of the bank has increased by 38 percent. The bank had earned a total profit of Rs 430 million in the same period last year. The distributable profit of the bank during the same period was Rs. 55.66 million.

As per the public statement, the bank has earned a net profit of Rs 607.9 million in the first three months of the current fiscal year. This is 38.97 percent more than last fiscal year. The bank had earned a net profit of Rs 437.4 million in the corresponding period of the previous fiscal year. The bank's distributable profit in the first quarter was Rs 55.6 million.

Nabil Bank

Nabil Bank has earned a net profit of Rs 1.35 billion in the first quarter of the current fiscal year. The bank had earned a net profit of Rs 1.12 billion in the corresponding period of the previous year.

 The bank's distributable profit has reached Rs 1.20 billion. The distributable profit increased by 62.85 percent to Rs. 742.2 million in the corresponding period of the previous year. The bank's annual earnings per share, which stood at Rs 10.97 billion, has declined by Rs 3.48 to Rs 41.03. The bank has a net worth of Rs 267.08 per share with a reserve fund of Rs 12.61 billion.

Himalayan Bank

Himalayan Bank Limited has earned a net profit of Rs. 365.91 million till the end of the first quarter of the current fiscal year. This is Rs. 328.3 million or 47.29 percent less than the corresponding period of the previous fiscal year. The bank had earned a net profit of Rs. 694.20 million in the corresponding period of the previous fiscal year.

Standard Chartered Bank Nepal

Standard Chartered Bank Limited has shown a net profit of Rs. 401.371 million in its unrevised financial statement for the first quarter of the current fiscal year. This is Rs. 242.7 million or 37.68 percent less than the corresponding period of the previous fiscal year. The bank had earned a net profit of Rs 644.1 million in the corresponding period of the previous fiscal year. The distributable profit of the bank is Rs 388.8 million.

Agricultural Development Bank

The Agriculture Development Bank has earned a net profit of Rs. 461.4 million in the first quarter of the current fiscal year. In the first three months of the current Fiscal Year, it has decreased by 22.96 percent compared to the same period of the previous Fiscal Year. The bank had earned a net profit of Rs 599 million in the corresponding period of the previous fiscal year. The bank's distributable profit in the first quarter was Rs 2.296 million.

Nepal Bangladesh Bank

Nepal Bangladesh Bank has earned a net profit of Rs 571.18 million till the end of the first quarter of the current fiscal year. This is an increase of Rs. 168.6 million or 41.90 percent over the corresponding period of the previous year. The bank had earned a net profit of Rs 402.5 million in the corresponding period of the previous fiscal year. The distributable profit of Nepal Bangladesh Bank is only Rs. 58.9 million.

Sunrise Bank

Corona seems to have had a big impact on Sunrise Bank's profits. The bank has made a profit of Rs 380 million in the first quarter of the current fiscal year. The bank's profit was Rs 450 million in the corresponding period last year. The distributable profit of the bank has been negative by Rs. 240 million.