Kathmandu. Commercial banks in the current fiscal year 2082. In the second quarter of 2018-19, net profit of Rs 43.88 billion has been surpassed.
According to the data released by Nepal Rastra Bank, 20 commercial banks have deposited Rs 43.88 billion in the current fiscal year. Last year, 2081. The commercial banks had earned a net profit of Rs 43.49 billion till mid-March 2018. In the review period, the profit of the banks increased by 0.89 percent 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 6.07 billion. The bank had posted a net profit of Rs 4.78 billion in the same period last year. The profit of the bank increased by 26.87 percent.
Similarly, Global IM Bank is the second highest profiter. During the review period, the bank earned a net profit of Rs 4.62 billion. The bank had posted a net profit of Rs 4.72 billion in the same period last year. The profit of the bank decreased by 2.26 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 3.63 billion. The bank had posted a net profit of Rs 96.91 crore in the same quarter last year. The profit increased by 274.65 percent in the review period compared to the previous year. This is the highest growth rate among commercial banks.
Everest Bank and Nepal Investment Mega Bank earned a net profit of Rs 2.88 billion during the review period. In the same period last year, Everest had earned a profit of Rs 3.88 billion and Rs 2.50 billion. Compared to the previous year, Everest Mega Bank’s profit fell by 3.35 percent and Nepal Investment Mega Company’s profit by 29.49 percent.
Compared to the previous year, the profit of 10 banks increased while the profit of 10 banks decreased. During the review period, NIC Asia Bank was the lowest earner of profit. The bank has earned a net profit of Rs 30.82 crore.
