Top 10 banks of Nepal distributable profit is negative on Quarter 3rd Report of 2080/081

Apr Sun 2024 03:52:10

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Top 10 banks of Nepal distributable profit is negative on Quarter 3rd Report of 2080/081

Kathmandu. In the third quarter of the current financial year 2080/81, the distributable profit of most of the commercial banks is negative. According to the statistics of the financial statements released by the banks, the distributable profit of 10 commercial banks is negative and 7 banks have decreased till the end of March.

As of mid-March, the distributable profit of 10 commercial banks is negative by about 20 billion rupees. According to the data released by the banks, 19 billion 97 billion 91 lakh rupees were negative in 10 banks till March.

Himalayan Bank's maximum distributable profit of 5 billion 24 crore rupees is negative. Similarly, Nepal Investment Mega Bank (NIMB) has negative 5.8 billion rupees, Kumari Bank 4.20 billion rupees, NIC Asia Bank has negative 1.72 billion rupees.

Similarly, Laxmi Sunrise Bank's Rs 1.24 crore, Nepal Bank's Rs 1.6 crore, NMB Bank's Rs 42 crore 92 lakh, Global IME Bank's Rs 42 crore 31 lakh, Siddharth Bank's Rs 27 crore 12 lakh and Machhapuchhre Bank's Rs 30 crore 56 lakh Rupee distributable profit is negative.

During the review period, the distributable profit of Krishi Bikas, Prime Bank, Prabhu, Nabil, Everest Bank, Nepal SBI, Standard Chartered, Sanima Citizens, National Commercial Bank is positive. The distributable profit of agricultural development increased by 93.13 percent to 1 billion 12 million rupees and the distributable profit of prime increased by 3.92 percent to 31 million 33 million rupees. Prabhu's distributable profit, which was negative last year, is Rs 166.65 million this time.

The distributable profit of Nabil, Everest Bank, Nepal SBI, Standard Chartered, Sanima Citizens, Rashtriya Commerce has decreased compared to the end of March last year. Nabil's distributable profit decreased by 12.69 percent to 1 billion 54 million rupees, Everest decreased by 18.20 percent to 2 billion 75 million rupees, Nepal SBI's distributable profit decreased by 28.53 percent to 834 million rupees.

Standard Chartered decreased by 29.18 percent to 1.81 billion rupees, Sanima decreased by 37.18 percent to 75.68 million rupees, Citizens decreased by 86.81 percent to 1.89 million rupees and National Commercial decreased by 89.14 percent to 24.62 million rupees. Statistics are there.