Commercial banks in Nepal have collectively earned a profit of NPR 36.68 billion in the first seven months (Shrawan to Magh) of the current fiscal year (2080/81). This marks a 1.62% increase compared to the same period last year, when these 20 commercial banks earned NPR 35.49 billion.
Key Takeaways
- The banking sector has shown steady growth in profitability, reflecting improved financial performance.
- Nabil Bank continues to lead the sector, followed closely by Global IME Bank and Nepal Investment Mega Bank.
- The overall increase in profits indicates a stable economic environment and effective management by commercial banks.
Top Performers
According to data released by Nepal Rastra Bank (NRB), the following banks are the top profit earners:
- Nabil Bank: Topping the list with a profit of NPR 4.01 billion.
- Global IME Bank: Second with a profit of NPR 3.98 billion.
- Nepal Investment Mega Bank: Third with a profit of NPR 3.44 billion.
Other Leading Banks
- Everest Bank: Earned NPR 2.57 billion.
- Nepal Bank Limited: Earned NPR 2.45 billion.
- NMB Bank: Earned NPR 2.34 billion.
- Prime Bank: Earned NPR 2.18 billion.
Mid-Tier Performers
- Standard Chartered Bank: Earned NPR 1.83 billion.
- Prabhu Bank: Earned NPR 1.83 billion.
- Laxmi Sunrise Bank: Earned NPR 1.58 billion.
- Himalayan Bank: Earned NPR 1.47 billion.
- Sanima Bank: Earned NPR 1.37 billion.
Other Banks
- Rastriya Banijya Bank: Earned NPR 1.23 billion.
- Nepal SBI Bank: Earned NPR 1.06 billion.
- Machhapuchchhre Bank: Earned NPR 968.1 million.
- Citizens Bank: Earned NPR 902.6 million.
- Siddhartha Bank: Earned NPR 855.1 million.
- Agriculture Development Bank: Earned NPR 799.9 million.
- Kumari Bank: Earned NPR 738.6 million.
- NIC Asia Bank: Earned NPR 464.7 million.
Net Profit of Commercial Banks in Q2 2081/82
Source: Nepal Rastra Bank (NRB)
