Kathmandu. National level development banks in the current fiscal year 2082. In the second quarter of 2018, the company has earned a profit of more than Rs 3.25 billion.
According to the unrefined financial details made public by the banks, the eight national level development banks have earned a net profit of Rs 3.31 billion till January of the current fiscal year. Previous fiscal year 2081. In the same period of 2018, these banks earned a profit of Rs 2.58 billion. The profit of the banks increased by 26.43 percent in the review period compared to the previous year.
Muktinath Bikas Bank was the highest earner in profit in the review period compared to the previous year, while Lumbini Bikas Bank was ahead in terms of growth rate.
Muktinath Bikas Bank has earned a net profit of Rs 67.20 crore in the current FY. It was 33.57 percent more than the previous year. The company had posted a net profit of Rs 50.31 crore in the same period last year.
Similarly, the second development bank, which makes the most profit, has dignity. In the review period, the company has earned a net profit of Rs 63.51 crore. The company had posted a net profit of Rs 54.92 crore in the same period last year. The profit of the bank increased by 15.63 percent in the review period compared to the previous year.
Shine Resunga Development Bank is in the third position. During the review period, the bank earned a net profit of Rs 40.42 crores. The bank had posted a net profit of Rs 33.08 crore in the same period last year. In the review period, the bank’s profit decreased by 22.19 percent compared to the previous year.
Similarly, Kamana Sewa Bikas Bank and Jyoti Bikas Bank have earned a net profit of Rs 39.45 crore and Rs 31.22 crore respectively. Compared to the previous year, the profit of Kamana Sewa increased by 22.34 percent and that of Jyoti by 24.44 percent.
Similarly, Mahalaxmi Bikas Bank earned a net profit of Rs 30.59 crore, Shangrila Development Bank Rs 30.25 crore and Lumbini Bikas Bank Rs 28.53 crore. Compared to the previous year, the profit of Mahalaxmi Company increased by 6.41 percent, Shangrila by 53.95 percent and Lumbini by 93.32 percent.
