KATHMANDU, Oct 23: In the first two months of the current fiscal year 2024/25, 20 commercial banks have collectively earned a profit of Rs 17.6992 billion.
Nabil Bank topped the list with a profit of Rs 1.66 billion by the end of Bhadra (mid-September), followed by Global IME Bank with Rs 1.56 billion. Nepal Investment Mega Bank earned Rs 1.41 billion, while Himalayan Bank reported Rs 1.16 billion, and Kumari Bank followed with Rs 1.08 billion.
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Prime Bank posted earnings of Rs 974.6 million, while Prabhu Bank made Rs 913.32 million. Agriculture Development Bank reported Rs 887 million in earnings during this period. Rastriya Banijya Bank reported a profit of Rs 880.3 million, followed by Laxmi Sunrise Bank with Rs 864.6 million. Everest Bank earned Rs 825.5 million, and NMB Bank posted Rs 780.2 million in profits. Sanima Bank followed with Rs 689.2 million, and Nepal Bank earned Rs 678.2 million.
Standard Chartered Bank reported profits of Rs 606.2 million, followed by Siddhartha Bank at Rs 605.6 million. Citizens Bank made Rs 589.8 million, and NIC Asia earned Rs 577.5 million. Nepal SBI Bank recorded Rs 533.9 million, while Machhapuchhre Bank posted Rs 392.5 million in profits.
According to Nepal Rastra Bank, the total profit of banks and financial institutions until the end of Bhadra stands at Rs 20.21 billion, which includes Rs 1.64 billion from development banks and Rs 870 million from finance companies.
