Top 10 banks in Nepal distributable profit is negative

Nov Tue 2023 04:24:39

941 views

Top 10  banks in Nepal distributable profit is negative

Kathmandu. In the first quarter of the current financial year (July, August, October), the distributable profit of 12 commercial banks has been seen as a loss. The distributable profit has been seen as a loss due to the non-rise of interest on loans made by banks.

In the first quarter of the current year, the distributable profit of commercial banks has been seen as a loss of 4.53 billion 83 million rupees. Former banker Bhuvan Dahal said that this means that the distributable profit of the banks will increase in the next quarter and the current losses will be compensated.

In the first quarter of the current year, National Commercial Bank has made a distributable profit of Rs. The distributable profit of the bank has decreased compared to last year. During that period of the last financial year, such profit of the bank was 3 billion 175 million 64 thousand rupees.

In the first quarter of the current year, Siddharth Bank has made a distributable profit of 71 crore 39 lakh 99 thousand. During the same period last year, the profit of the bank was 1 billion 22 crore 51 lakh 47 thousand rupees. Standard Chartered Bank has made a distributable profit of 435 million 555 thousand. The bank made a profit of 485.5598 thousand rupees during the same period of the last financial year.

Similarly, Prime Commercial Bank has earned a profit of Rs 42 crore 31 lakh 63 thousand. During the same period last year, the bank made a distributable profit of 2.7 billion 36 lakh 50 thousand.

Everest Bank has made a profit of Rs 415 million 36 thousand during the review period. The bank made a profit of 4 billion 71 crore 68 lakh 57 thousand in the same period last year. Prabhu Bank has made a distributable profit of 16 crore 34 lakh 74 thousand rupees. The bank earned a profit of 300 million 93 million 62 thousand in the same period last year.

Likewise, Global IME Bank has also made a distributable profit of Rs. 79.441 thousand. The bank earned a profit of 3.449 billion 26 thousand during the same period last year. Similarly, Machhapuchhre Bank has made a distributable profit of 16 million 11 thousand.

This bank made a distributable profit of 1 billion 54 crore 48 lakh 8 thousand in the same period of last financial year. On the other hand, Sanima Bank has incurred a loss of Rs. 13 crore 61 lakh 57 thousand. 1 billion 40 million 42 lakh 4 thousand in the same period of the last financial year.

Another Citizens Bank has also lost distributable profit of Rs. 25 crore 66 lakh 39 thousand rupees. In the same period of the last financial year, the bank had such 1 billion 24 million 27 lakh 84 thousand. Similarly, the profit of NMB Bank has also gone to a loss of 296 million 14 thousand rupees. 2 billion 23 million 31 million 74 thousand in the same period of the last financial year of this bank.

The reportable profit of another Nabil Bank is also in the loss of 35 crore 12 lakh 98 thousand. The bank made a profit of 2 billion 91 crore 61 lakh 74 thousand in the same period of last financial year. Nepal Bank is also at a loss of Rs 658 lakh 37 thousand. 2 billion 90 million 44 lakh 29 thousand in the same period of the last financial year of the bank. Likewise, the distributable profit of Lakshmi Sunrise Bank has gone to a loss of 876 million 71 thousand rupees.

The distributable profit of NIC Asia Bank has also suffered a loss of Rs 994 lakh 4 thousand. 4 billion 20 million 64 lakh 20 thousand was distributable during the same period of the last financial year of the bank.

The distributable profit of Nepal Investment Bank and Himalayan Bank has also decreased. There is a loss of 1 billion 11 crore 62 lakh 2 thousand rupees. If we look at the same period of the last financial year of the bank, Kumari Bank has lost 2.44 billion 2.843 million. In the same period of the last financial year, the bank had a loss of Rs. 264.669 million, while Krishi Bikas Bank has lost Rs. 1.57 billion, 24.52 million.