Kathmandu – In the last fiscal year 2080/081, commercial banks have earned a net profit of more than Rs. 64 billion 15 million. According to the financial statements released by the banks up to the fourth quarter of last year, this profit is evident. The banks’ profit is 13.40 percent higher than the same period in the previous year 2079/80, when they earned a net profit of Rs. 56 billion 574 million.

Nabil Bank has become the most profitable bank in the last year, earning a net profit of Rs. 7.6 billion during the review period, which is 10.23 percent higher than the same period in the previous year. Global IME Bank ranks second among profit earners, with a profit of Rs. 6.16 billion by the end of June. Nepal Investment Mega Bank is in third place, earning a profit of Rs. 5 billion 19 lakh during the review period.

Similarly, Prabhu Bank earned Rs. 4 billion 48 crore 8 lakh, Kumari Bank earned Rs. 2 billion 30 crore 82 lakh, Prime Commercial Bank earned Rs. 3 billion 77 crore 43 lakh, Krishi Bikas Bank earned Rs. 3 billion 65 crore 56 lakh, Everest Bank earned Rs. 3 billion 70 crore 6 lakh, National Commercial Bank earned Rs. 3 billion 49 crore 82 lakh, Standard Chartered Bank earned Rs. 3 billion 30 crore 89 lakh, and Lakshmi Sunrise Bank earned Rs. 3 billion 3 crore 45 lakh in net profit.

Additionally, Siddhartha Bank earned Rs. 3 billion 1 crore 55 lakh, Himalayan Bank earned Rs. 2 billion 83 crore 80 lakh, Sanima Bank earned Rs. 2 billion 34 crore 19 lakh, NMB Bank earned Rs. 2 billion 33 crore 65 lakh, Nepal SBI Bank earned Rs. 2 billion 1 crore 37 lakh, Nepal Bank Limited earned Rs. 1 billion 65 crore 68 lakh, NIC Asia Bank earned Rs. 1 billion 38 crore 18 lakh, and Citizens Bank earned Rs. 1 billion 34 crore 24 lakh. Machhapuchhre Bank earned the lowest profit of Rs. 1 billion 25 crore during the review period.