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Profit of commercial banks increased by 39.78 percent, Kumari Bank, Himalayan Bank

. Out of the 20 commercial banks in operation in the last fiscal year 2082/83, 14 commercial banks have published their unrefined financial statements. Out of 14 commercial banks that have published financial statements, 13 have increased their profit compared to the previous fiscal year while one bank has incurred losses.

According to the financial statements made public by the meetings, the total net profit of the 14 commercial banks increased by 39.78 percent compared to the previous fiscal year.TAG_OPEN_div_62 In the fiscal year 2081/82, these 14 banks had earned a net profit of Rs 38.26 billion. In the last fiscal year 2082-83, such profit increased to Rs 53.12 billion.

Nabil Bank is at the top in terms of net profit.TAG_OPEN_div_60 The bank earned a net profit of Rs 7.90 billion in the last FY. The bank had posted a net profit of Rs 5.92 billion in the previous fiscal year. On this basis, Nabil Bank’s net profit increased by 33.50 percent.

Kumari Bank is the second bank with the highest profit.TAG_OPEN_div_58 Kumari Bank is also the second largest bank in the world. The profit of the bank increased by 305.96 percent compared to the previous FY. In the last FY, the bank earned a profit of Rs 7.38 billion. In the previous fiscal year, the bank had posted a net profit of Rs 1.81 billion.

Global IME Bank has earned a net profit of Rs 6.TAG_OPEN_div_56 22 billion in the last FY. The bank’s net profit increased by 22.67 percent compared to Rs 5.07 billion in the previous year.

Everest Bank has earned a net profit of Rs 5.TAG_OPEN_div_54 06 billion in the last fiscal year. The bank had posted a net profit of Rs 4.83 billion in the previous year. The bank’s net profit increased by 4.75 percent.

Siddhartha Bank has earned a net profit of Rs 3.TAG_OPEN_div_52 51 billion in the last FY. The profit of the bank increased by 4.54 percent compared to Rs 3.36 billion in the previous year.

NMB Bank’s net profit increased by 40.6 TAG_OPEN_div_50 0 percent. In the last fiscal year, the bank earned a profit of Rs 4.01 billion. The bank had posted a net profit of Rs 2.85 billion in the previous fiscal year.

Sanima Bank has earned a net profit of Rs 2.TAG_OPEN_div_48 83 billion in the last FY. The profit of the bank increased by 34.66 percent from Rs 2.10 billion in the previous year.

Prime Commercial Bank has earned a net profit of Rs 4.TAG_OPEN_div_46 11 billion in the last FY. The bank had posted a net profit of Rs 3.20 billion in the previous fiscal year. Accordingly, the profit of the bank increased by 28.49 percent.

Citizens Bank International’s profit has increased significantly.TAG_OPEN_div_44 In the last fiscal year, the bank earned a profit of Rs 2.09 billion. The bank’s net profit increased by 63.05 percent from Rs 1.28 billion in the previous year.

Rastriya Banijya Bank (RBB) has earned a net profit of Rs 4.TAG_OPEN_div_42 55 billion in the last fiscal year. The bank had posted a net profit of Rs 2.83 billion in the previous fiscal year. The profit of the bank increased by 60.68 percent.

Nepal SBI Bank (SBI Bank) has earned a net profit of Rs 2.TAG_OPEN_div_40 04 billion in the last FY. The bank’s net profit increased by 12.89 percent compared to Rs 1.81 billion in the previous year.

Machhapuchchhre Bank has earned a net profit of Rs TAG_OPEN_div_37 2.11 billion in the last FY. The bank’s net profit increased by 12.24 percent from Rs 1.88 billion in the previous year.

Prabhu Bank has reported a loss from profit in the last fiscal year as compared to the previous year.TAG_OPEN_div_35 The bank had posted a net loss of Rs 24.12 crore in the last FY. The bank had posted a net profit of Rs 87.23 crore in the previous FY.

Similarly, Himalayan Bank’s profit has increased the most.TAG_OPEN_div_34  In the last fiscal year, the bank made a profit of Rs 1.48 billion. In the previous fiscal year, the bank had a net profit of Rs 12.97 crore. On this basis, the profit of the bank increased by 1,041.16 percent.

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