Banks' 'net fee income' is 13 trillion :Increased by 72 percent in three months

Jan Sun 2023 03:20:16

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Banks' 'net fee income' is 13 trillion :Increased by 72 percent in three months

Kathmandu. In 6 months, the service fee income (net fee income) of commercial banks has reached about 13 billion rupees. This is shown in the second quarter financial report of the current financial year 2079/80 published by 22 banks that are currently operating.

During that period, the net fee income of banks was 12.94 billion 6.35 thousand rupees. Which is a decrease of 11.13 percent compared to the end of December last year. In the same period last year, this income of banks was 14 billion 56 crore 78 lakh rupees.

However, there has been an increase in the last three months of the current year. Compared to last October, this income of banks has increased by 74.22 percent. Last October, this income of banks was 7 billion 43 crore 9 lakh rupees.

Nabil and NIC Asia: In the 6 months of the current year, competition between Nabil and NIC Asia Bank has been seen in net fee income. By the end of January of the current year, Nabil Bank has the highest net fee income. During that period, the bank has earned 1 billion 28 billion 27 lakh 67 thousand rupees in service fees. This income of Nabil Bank is 56.91 percent more compared to the end of December last year. In the same period last year, the bank had 81 crore 87 lakh 21 thousand rupees.

Similarly, NIC Asia, which is in second place, increased by 21.35 percent and reached 1 billion 392 million 28 thousand rupees. During the same period last year, the net fee income of the bank was 85 crore 63 lakh 55 thousand rupees. In the last month of October, the income of the bank was 57 crore 29 lakh 89 thousand rupees.

In the second quarter of the current year, the net fee income of 10 banks including Global IME Bank has been seen above 500 million. During that period, the net fee income of Global IME Bank, which is in third place, is 943.644 million rupees. This income of the bank has increased by 3.51 percent compared to the end of December last year.

In the 6 months of the current year, the net fee income of NMB Bank is Rs. , Nepalapp SBIA has 600 million 10 million rupees, Machhapuchhre Bank has 58 million 17 million rupees, Prime Bank has 55 million 95 million rupees and Krishi Bikas Bank has 54 million 24 million rupees.

In the second quarter of the current year, the net fee income of Everest, Kumari and Lakshmi Bank has been seen to be the same. During that period, Everest Bank's service fee income was 480 million 10 lakh rupees, Kumari Bank's 476 million rupees and Lakshmi Bank's 447 million rupees. On the other hand, Himalayan Bank's Rs 4287 million, Citizen Bank's Rs 4249 million and Nepal Bank's Rs 4018 million.

By the end of March of the current year, the net fee income of Sunrise Bank is 39.75 million rupees, Sanima Bank is 38.4 million rupees, Rashtriya Commercial Bank is 38.87 million rupees and 18 million 42 million rupees of Civil Bank has been seen.