Commercial Banks Earn Rs 30.5 Bn Profit in 5 Mths, 13 Banks Raise Profit while 5 Log Decline

Jan 13, 2025 03:16 PM Merolagani



In the five months period of the current FY, twenty commercial banks have recorded net profit of Rs 30.59 billion.

In the review period of the last FY, they earned Rs 28.36 billion in net profit. during the period, the net profit increased by 7.84 percent.

Among the banks, Nabil Bank logs the highest net profit of Rs 3.49 billion followed by Global IME Bank with Rs 2.83 billion and Nepal Investment Mega Bank with Rs 2.49 billion.

However, the data published by Nepal Rastra Bank has not included profit details of Agriculture Development Bank.

In terms of growth, Nepal SBI Bank logged the highest growth in net profit. The bank that earned Rs 708 million in net profit in the review period of the last FY earned Rs 1.34 billion profit in the review period of the current FY.

Similarly, Laxmi Sunrise Bank raised its net profit by 82.70 percent. Meanwhile, Nepal Investment Mega Bank, Citizens Bank, Sanima Bank, Himalayan Bank, Rastriya Banijya Bank and NIC Asia Bank recorded decline in net profit.

 




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