Nabil Bank Leaves Other Banks Far Behind

Apr 11, 2024 12:37 PM Merolagani

In the past, commercial banks used to compete against each other for the top position. Nabil Bank, Global IME Bank, Rastriya Banijya Bank, NIC Asia Bank, Nepal Investment Mega Bank and other banks used to compete for top position.

However, Nabil Bank has left other banks far behind in term of profit. In the last eight months, the net profit of Nabil Bank has exceeded by RS 1.25 billion compared to the other banks.

Where, Nabil Bank earned net profit of Rs 7.72 billion by the month of Falgun, Global IME Bank which comes second earned just Rs 3.43 billion in net profit.

 Apart from these two, other averagely performed banks are in fierce competition. Rastriya Banijya Bank, Nepal Investment Mega Bank, NIC Asia Bank are competing for third position. Moreover, with profit above Rs 2 billion, Everest Bank and Standard Chartered Bank are also competing for third position.

All other banks have net profit below Rs 2 billion.

Based on the data till Falgun, Prime Commercial Bank is in third position. It earned net profit of Rs 2.88 billion.

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