Nepal Rastra Bank publishes 11 months report for commercial banks; find out which bank stands where

Nepal Rastra Bank (NRB), the central bank and regulator of Bank and Financial Institution, has published a report showcasing the financial progress of the commercial banks in the last 11 months of the financial year 2075/76.

DEPOSITS

According to the report, Rastriya Banijya Bank Limited (RBB) leads in total deposits collected from its customer with Rs 184.5 billion followed by NIC Asia Bank (NICA) and Nabil Bank (NABIL) which posted deposits of Rs 172.7 billion and Rs 160.3 billion respectively. Only these three banks crossed the milestone of Rs 150 billion deposits while other lagged behind. Civil Bank Limited (CBL) collected the least deposits followed by Nepal Bangladesh Bank (NBB) and Century Commercial Bank Limited (CCBL).

LOANS AND ADVANCES

Similarly, NIC Asia Bank has lend highest amount of loans (Rs 152.7 billion) followed by Rastriya Banijya Bank (Rs 143.5 billion) and Nabil Bank (Rs 130.3 billion). It is interesting to note that Civil Bank Limited has granted loan in excess of the deposits collected. Its loan to deposit ratio stands at 104%; while the same for Nepal Bangladesh Bank and Kumari Bank stands at 99%.

NET PROFIT

In terms of Profit earned by the banks, Rastriya Banijya Bank tops the table with profit of Rs 5.2 billion followed by Nabil Bank (Rs 3.9 billion) and Nepal Investment Bank (Rs 3.3 billion). Civil Bank (Rs 0.62 billion) and Century Commercial Bank (Rs 0.81 billion) are ranked at the bottom, after failing to achieve 1 billion profit in the 11 months.

EARNINGS PER SHARE

Amongst the listed commercial banks, Nabil Bank, NIC Asia and Everest Bank had highest Earning per Share (EPS) at Rs 47.7, Rs 37.8 and Rs 37.6 respectively. Similarly, as per July 22^nd market price and annualized EPS, Prime Commercial has the lowest price to earnings ratio (PE) of 10.7.