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Profit of commercial banks increased by 19.30 percent. (with list)

SPIL
Nepal Life

Kathmandu. Commercial banks in the current fiscal year 2082. In the third quarter of 2018, the company has earned a net profit of Rs 49.21 billion.

According to the financial statements released today, 20 commercial banks have deposited Rs 49.21 billion till mid-April of the current fiscal year. Last year, 2081. The commercial banks had earned a net profit of Rs 41.25 billion till mid-April 2018. The profit of the banks increased by 19.30 percent in the review period compared to the previous year.

Esewa
Crest

According to the statistics, Nabil Bank is the highest profiter followed by Kumari Bank in terms of growth rate.

During the review period, Nabil Bank earned a net profit of Rs 6.76 billion. The bank had posted a net profit of Rs 5.05 billion in the same period last year. The profit of the bank increased by 33.92 percent.

Similarly, Global IME Bank is the second highest profiter. During the review period, the bank earned a net profit of Rs 4.40 billion. The bank had posted a net profit of Rs 4.17 billion in the same period last year. The profit of the bank decreased by 2.93 percent compared to the previous year.

Kumari Bank is the third highest profiter. During the review period, the bank earned a net profit of Rs 4.17 billion. The bank had posted a net profit of Rs 28.58 crore in the same quarter last year. In the review period, the profit increased by 1361.76 percent compared to the previous year. This is the highest growth rate among commercial banks.

Similarly, Everest Bank and Nepal Investment Mega Bank earned a net profit of Rs 3.32 billion during the review period. In the same period last year, Everest had earned a profit of Rs 3.45 billion and Nepal Investment Mega had earned Rs 4.54 billion. Compared to the previous year, Everest Mega Bank’s profit fell by 3.71 percent and Nepal Investment Mega Company by 30.69 percent.

In the review period, the net profit of 13 banks increased while the profit of seven banks decreased. During the review period, NIC Asia Bank was the lowest earner of profit. The bank made a profit of Rs 14.03 crore.

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