Kathmandu. Commercial banks have earned a profit of Rs 8.73 billion in the current fiscal year 2083. In the first month of July 2018, it has earned a profit of Rs 8.73 billion.
According to the data released by the Nepal Rastra Bank today, 20 commercial banks have earned a profit of Rs 8.73 billion in the current fiscal year. Last year, 2081. In the previous year, the commercial banks had earned a profit of Rs 8.38 billion. The profit of the banks increased by 4.23 percent in the review period compared to the previous year.
According to the data, Nabil Bank is the highest profiter, while Agricultural Development Bank is at the top in terms of growth rate. Compared to the previous year, the profit of 13 commercial banks increased during the review period, while 7 decreased.
During the review period, Nabil Bank earned a profit of Rs 88.31 crore. The bank had posted a net profit of Rs 71.64 crore in the same period last year. The profit of the bank increased by 23.28 percent.
Global IME Bank is the second highest profiter. The bank earned a profit of Rs 81.36 crore during the review period. The bank had posted a net profit of Rs 78.45 crore in the same period last year. The bank’s profit declined by 3.70 per cent compared to the previous year.
Nepal Investment Mega Bank is the third highest profiter. The bank has earned a profit of Rs 73.44 crore in the review period. The bank had earned a profit of Rs 63.42 crore in the same period last year. Compared to the previous year, the profit increased by 15.80 percent in the review period.
In the same period under review, Kumari Bank and Rastriya Banijya Bank earned a profit of Rs 52.39 crore. Kumari Bank and Rastriya Banijya Bank had earned a profit of Rs 49.24 crore and Rs 55.83 crore in the same period of the previous year. Kumari Bank’s profit increased by 11.10 percent compared to the previous year, while that of Rastriya Banijya Bank decreased by 6.15 percent.
Nepal SBI Bank has earned the lowest profit during the review period. The bank has earned a profit of Rs 17.59 crore.
In terms of growth rate, the profit of Agricultural Development Bank has increased by 10254.40 percent. This bank has earned Rs 38.82 crore in July.
How TAG_OPEN_strong_22 much profit did a bank make?
