'Top 5 (Five) commercial banks of Nepal as paid of capital and net Profit

May Fri 2023 03:31:44

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'Top 5 (Five) commercial banks of Nepal as paid of capital and net Profit

Kathmandu. Banks are more competing in banking sector of Nepal. Now Banks have started to compete on the basis of capital size, deposit collection and loan flow, branch network basis, profit basis etc. In terms of capital, Global IME Bank, which merged with Bank of Kathmandu last time, is at the top of the competition. Its paid-up capital has reached over 35 billion 77 million.

Similarly, Nepal Investment Mega Bank, which has just merged with Mega Bank, has reached the second position by competing. Based on its paid-up capital, it has reached the number one position of Global IME Bank. The paid-up capital of Nepal Investment Mega Bank has reached 34.12 billion.

In addition, Nabil Bank is in the top three in terms of profit and in terms of capital. The paid-up capital of Nabil Bank, which merged with Nepal Bangladesh Bank a year ago, is 27 billion 50 million rupees. Similarly, on the basis of paid up capital, Kumari Bank has become the fourth largest bank. Kumari Bank, which merged with NCC Bank a few months ago, has a paid-up capital of 26 billion 22 crores.

Among the 'top five' banks is Prabhu Bank. After merger with Century Bank, the paid up capital of Prabhu Bank has reached 23.54 billion. On the basis of capital, Prabhu Bank has reached the top five.

Lakshmi Sunrise Bank has also entered the competition to be in the 'top five'. The paid-up capital of Lakshmi and Sunrise Bank (whose name is Lakshmi Sunrise Bank after the merger) will reach 21.67 billion. Lakshmi Sunrise Bank has made a strategy to be in the top five by merging other banks and financial institutions even after the merger. In addition, Nabil Bank is in the top three in terms of profit and in terms of capital. The paid-up capital of Nabil Bank, which merged with Nepal Bangladesh Bank a year ago, is 27 billion 50 million rupees.

Similarly, on the basis of paid up capital, Kumari Bank has become the fourth largest bank. Kumari Bank, which merged with NCC Bank a few months ago, has a paid-up capital of 26 billion 22 crores. Among the 'top five' banks is Prabhu Bank. After merger with Century Bank, the paid up capital of Prabhu Bank has reached 23.54 billion. On the basis of capital, Prabhu Bank has reached the top five.

Laxmi Sunrise Bank has also entered the competition to be in the 'top five'. The paid-up capital of Laxmi and Sunrise Bank (whose name will be Laxmi Sunrise Bank after the merger) will reach 21 billion 67 crores after signing the final merger agreement recently. Laxmi Sunrise Bank has made a strategy to be in the top five by merging other banks and financial institutions even after the merger. It seems that this strategy of Lakshmi Sunrise Bank will compete with Prabhu Bank for the top five.

The paid-up capital of Himalayan Bank, which is affiliated to Civil Bank, has also reached 21.65 billion. Himalayan Bank is in the 'top six' in terms of paid up capital. Himalayan Bank. Which seems the Laxhmi Sunrise Bank's Prabhu Bank will compete for the top five. Now Himalayan Bank is in the 'top six' in terms of paid up capital.

Even if we look at the profit, Global IME Bank, the largest in terms of paid-up capital, has earned 4.35 billion. Similarly, Nepal Investment Mega Bank, the second largest bank based on paid-up capital, has earned 3.4 billion.

Nabil, the third largest bank based on paid-up capital, has earned 5.11 billion. Similarly, the fourth largest bank Kumari Bank has 1 billion 82 crores, Prabhu Bank 1 billion 95 crores, Lakshmi and Sunrise, which is in the process of merger, the profit of Lakshmi Sunrise Bank which will be formed after the merger is 2 billion 43 crores. Similarly, the profit of Himalayan Bank, which is in the top six on the basis of paid-up capital, is 1.73 billion rupees.