Nepal Rastra Bank has unveiled the recent statistics covering the net profit of commercial banks, development banks, and finance companies for up to Baishakh of the current fiscal year 2078/79.

Commercial Banks

Data shows that commercial banks together have realized a total net profit of Rs. 58 Arba and 33 crores. Out of the 27 commercial banks, Global IME Bank stands at the top position with a net profit of Rs. 4 Arba and 31 crores. Likewise, NIC Asia Bank has realized a net profit of Rs. 4 Arba and 11 crores. Meanwhile, Nabil Bank has realized a net profit of Rs. 3 Arba and 82 Crores. On the contrary, Laxmi Bank has the least net profit of Rs. 92 crores.

Development Banks

Similarly, in the ten months of the current fiscal year 2078/79, development banks have succeeded to make a total net profit of Rs. 5 Arba and 77 crores. 3 of the 17 development bank have realized net losses during this period. Whereas, Muktinath Bikas Bank has realized an impressive net profit of Rs. 1 Arba and 14 crores, the highest in the industry. Likewise, Garima Bikas Bank stands in the second position with a net profit of Rs. 87.9 crores. Mahalaxmi Bikas Bank, with a net profit of Rs. 80 crores, stands in the third position.

On the opposite, data from NRB shows that Salapa and Corporate development banks reported the least profit of Rs. 90 Lakhs and Rs. 85.6 Lakhs respectively. However, 3 development banks, viz, Karnali, Narayani, and Saptakoshi Development Bank reported net losses during the period.

Finance Companies

Finance companies have made a total net profit of Rs. 1.01 Arba. Out of the 17 companies, two finance company reported a net loss in the first ten months, while the rest 15 are in a profit.

Best Finance Company comes first on the list with a net profit of Rs. 15.2 crores. Likewise, ICFC Finance and Manju Finance stand in the second and third positions with a net profit of Rs. 13.8 crores and Rs. 12.6 crores respectively. However, Multi and Samriddhi finance company have reported net losses of Rs. 32.9 lakhs and Rs. 92.2 lakhs respectively.