Kathmandu. Commercial banks in the current fiscal year 2082. In the second quarter of 2018, net profit of Rs 38 billion was Rs 38 billion.
According to the data released by Nepal Rastra Bank, 20 commercial banks have collected Rs 38.01 billion as of mid-January of the current fiscal year. Last year, 2081. The commercial banks had earned a net profit of Rs 36.06 billion till mid-January 2018. The profit of the banks increased by 5.40 percent in the review period compared to the previous year.
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 5.38 billion. The bank had posted a net profit of Rs 4.11 billion in the same period last year. The profit of the bank increased by 34.21 percent.
Similarly, Global IM Bank is the second highest profiter. During the review period, the bank earned a net profit of Rs 4.14 billion. The bank had posted a net profit of Rs 3.89 billion in the same period last year. The profit of the bank increased by 6.62 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 3.17 billion. The bank had posted a net profit of Rs 73.86 crore in the same quarter last year. Compared to the previous year, the profit increased by 329.86 percent. This is the highest growth rate among commercial banks.
Similarly, Everest Bank earned a net profit of Rs 2.50 billion while Prime Bank earned a net profit of Rs 2.39 billion in the review period. Everest had posted a net profit of Rs 2.57 billion in the same period a year ago, while Prime had posted a net profit of Rs 2.18 billion. Compared to the previous year, Everest Company’s profit fell 2.66 percent and Prime’s profit increased by 9.81 percent.
Compared to the previous year, the profit of 10 banks increased while the profit of 10 banks decreased. Laxmi Sunrise Bank was the lowest gainer in the review period. The bank earned a net profit of Rs 24.27 crore.
