Kathmandu. The profit of commercial banks has increased by double digits. Banks have increased their net profit by 24.92 percent in one year. This is shown in the fourth quarter financial statement of the last financial year 2079/80, which was released by 20 commercial banks in operation. According to the details, banks have earned a net profit of 70 billion 17 billion 55 lakh 95 thousand rupees. Which is more than 14 billion rupees compared to the previous year. In the same period of the previous year, the bank earned a total net profit of 56 billion 17 crore 23 lakh 75 thousand rupees.

Banks' net interest income and operating profit have increased due to the increase in net profit. Net interest income of banks has also increased significantly in the last year. In the previous year, the interest income of the banks was 1 trillion 11 billion 95 crore 77 lakh 29 thousand rupees, but last year it increased by 44.44 percent. Last year, the net interest income of banks was 1 trillion 61 billion 72 million 257 thousand rupees.

According to the financial statement, Nabil Bank has earned the most profit. In the second place, Global IME Bank is seen. Likewise, the profit of National Commercial Bank, NIC and Nepal Investment Mega Bank is seen above 4 billion. During the period under review, the profits of Kumari and Prime Bank have decreased.

Nabil Bank has earned 7.5 billion profit : Nabil Bank's monopoly on profit remains. Among the commercial banks, Nabil has made the most profit. During the review period, Nabil Bank has earned a net profit of 7 billion 52 crore 71 lakh 49 thousand rupees. Which is 76.85 percent more than the previous year. In the previous year, the profit of the bank was 4 billion 25 million 60 million rupees.

Net interest income of the bank has increased by 100%, so the net profit has increased. Compared to the previous year, the net interest income of the bank increased by 101.63 percent to 17.98 billion 32 million rupees. Similarly, the bank's operating profit has also increased by 75.36 percent to 11 billion 16 million rupees.

Global IME is second position in profit : Global IME Bank is also aggressive. Global IME is in the second position in terms of profit. Last year, the bank's net profit increased by 46.26 percent to 7 billion 25 million 34 lakh 55 thousand rupees. In the previous year, the bank reached 4 billion 95 crore 92 lakh 25 thousand rupees. During the review period, the net interest income of the bank increased by 66.36 percent to 17 billion 118 million 75 thousand rupees. On the other hand, the operating profit also increased by 44.25 percent to 10 billion 368 million 93 thousand rupees.

RBB, NIC and NIMB Bank's profit above 4 billion:  During the review period, the profit of three banks, including National Commerce, is over 4 billion. During the period under review, Rastriya Banijya Bank (RBB) Bank has earned a profit of Rs 4 billion 91 crore 71 lakh. This profit of the bank is 14.26 percent higher than the previous year.

Net interest income of the bank also increased by 32.94 percent to 12.35 billion 83 million rupees. On the other hand, operating profit has also reached 6 billion 90 million 95 million rupees. June is 18.77 percent more than the previous year. Similarly, the profit of NIC Asia Bank also increased by 10.35 percent to 4.65 billion 1.3 million rupees. Net interest income of the bank has increased by 9.58 percent to 12.37 billion 11 lakh rupees and operating profit has increased by 14.45 percent to 6.82 billion 73 lakh rupees.

During the period under review, eight banks have increased their profits at a high rate. Eight banks, including Standard Chartered, Prabhu, Lakshmi Sunrise Everest, have increased their profits significantly compared to the previous year. During the review period, Standard Chartered increased its profit by 56.27 percent to 3.52 billion 54 lakh rupees. Similarly, Lakshmi Sunrise increased by 49.45 percent, Prabhu by 48.53 percent, Krishi Bikas by 39.24, Himalayan by 37.95, Everest by 36.85, Nepal SBI by 36.81 and Sanima Bank by 25.13 percent.

These banks last year respectively 2 billion 26 million 18 million, 2 billion 82 million 52 million, 3 billion 9 million 93 million, 3 billion 26 million 61 million, 3 billion 39 million 31 million, 2 billion 24 million 14 million and Sanile 2 They have made a net profit of 1 billion 61 crore 92 lakh rupees.