Monthly Profit Details of 20 Commercial Banks in Nepal
Author
NEPSE trading
According to the Nepal Rastra Bank, 20 commercial banks currently in operation earned a total profit of NPR 9.1763 billion in the month of Shrawan (mid-July to mid-August). This represents a 7.64% increase compared to the same period last year, where the banks had earned NPR 8.525 billion.
Banks with the Highest Profits:
Global IME Bank: NPR 892.4 million (a decrease of 10.07% compared to NPR 992.3 million in the same period last year)
Nabil Bank: NPR 803.3 million
Agricultural Development Bank: NPR 712 million
Other High-Profit Banks:
Himalayan Bank: NPR 588 million
Nepal Investment Mega Bank: NPR 577.5 million
Prabhu Bank: NPR 538 million
Prime Commercial Bank: NPR 505.5 million
Kumari Bank: NPR 503.5 million
Laxmi Sunrise Bank: NPR 433.2 million
NMB Bank: NPR 427.2 million
Everest Bank: NPR 422.9 million
Banks with Moderate Profits:
Sanima Bank: NPR 382.6 million
Rastriya Banijya Bank: NPR 360.6 million
Siddhartha Bank: NPR 348.8 million
Citizens Bank: NPR 342.2 million
Nepal SBI Bank: NPR 333.4 million
Standard Chartered Bank: NPR 311.5 million
NIC Asia Bank: NPR 266.3 million
Banks with the Lowest Profits:
Machhapuchhre Bank: NPR 202.4 million (the lowest profit among all)
Nepal Bank: NPR 223.9 million
Conclusion:
Nepal's commercial banks have achieved satisfactory profits in the month of Shrawan. Global IME Bank, Nabil Bank, and Agricultural Development Bank are leading in terms of profit, while Machhapuchhre Bank and Nepal Bank have recorded the lowest profits. This indicates a need for improvement in the internal financial performance of some banks.