14 Commercial Banks in Billionaire's Club by Mid- June

Jul 16, 2017 Merolagani

By the eleven months of the past FY, 14 out of 28 commercial banks have logged net profit above Rs 1 billion. In the period, Nabil Bank earned the highest net profit whereas Century Bank recorded the least net profit.

According to the statistics published by NRB, 26 commercial banks earned Rs 33.78 billion net profit during the review period. The NRB statistics, however, does not disclose any fact on NCC Bank and Civil Bank.

Nabil Bank, recording the highest profit, earned Rs 3.45 billion net profit by the mid-June followed by Nepal Investment Bank with Rs 2.98 billion net profit. Similarly, Rastriya Banijya Bank, Agricultural Development Bank and Everest Bank are also Rs 2 billion net profit earners.

The list continues with Global IME, Himalayan Bank, NMB Bank, Standard Chartered Bank, Nepal Bangladesh Bank, Siddhartha Bank, Bank of Kathmandu and Prabhu Bank.

Meanwhile, Century Bank, Janata Bank, Kumari Bank, Citizens Bank is the lowest profit earners.

During the period, the BFIs have collected deposit of Rs 2293 billion and extended loan of Rs 1967 billion.


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