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Bank’s assets cross Rs 84.5 trillion: Global IME and Nabil compete

nabil bank

Kathmandu. The assets of the commercial banks in operation increased by 14.79 percent to Rs 8,454.11 billion. The bank had assets worth Rs 7,364.82 billion as of mid-April of the last FY. During this period, the assets of banks have increased.

Global IME Bank is the richest bank in terms of assets. Global Global’s wealth increased by 18.94 percent to Rs 774.88 billion. In the same period of the last FY, the bank’s assets stood at Rs 651.47 billion.

Nabil is in second place with the most wealth. The bank’s assets increased by 17.42 percent to Rs 718.42 billion.

Similarly, the net worth of Rastriya Banijya Bank increased by 27 per cent to Rs 685.91 billion and Laxmi Sunrise Bank by 17.39 per cent to Rs 490.64 billion.

Kumari Bank grew by 11.02 per cent to Rs 474.30 billion to Rs 450.76 billion, Himalayan Bank by 10.45 per cent to Rs 450.76 billion, Himalayan Bank by 10.45 per cent to Rs 406.90 billion, Prabhu Bank by 4.58 per cent to Rs 401.94 billion, and Agricultural Development Bank by 19.31 per cent to Rs 399.78 billion. NIC Asia Bank’s income increased by 9.02 percent to Rs 386.28 billion.

Likewise, Everest Bank grew by 16.85 per cent to Rs 378.69 billion, NMB Bank by 8.39 per cent to Rs 375.40 billion, Siddhartha Bank by 17.06 per cent to Rs 366.48 billion, Prime Bank by 8.60 per cent to Rs 325.39 billion and Sanima Bank by 8.51 per cent to Rs 274.18 billion. Similarly, SBI Bank has increased by 15.46 percent to Rs 254.74 billion, Machhapuchchhre Bank by 19.79 percent to Rs 249.30 billion, Citizen Bank by 5.37 percent to Rs 248.58 billion and Standard Chartered Bank by 16.5 percent to Rs 175.45 billion.

The assets of the bank include cash deposits in the bank, various items, cash reserves in the banks and financial institutions, loans lent to financial institutions, loans to customers, investment securities, derivative instruments, other business properties, current tax assets, investment in subsidiaries, investments in associated companies, investments and assets, assets and equipment, reputation and intangible assets, Deferred taxes include property.

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