Commercial banks earn more than Rs 18 billion, 13 banks earn more than 18 billion rupees, 7 banks’ profit decreases

Kathmandu. Commercial banks have earned a profit of more than Rs 18.75 billion in the second half of the current fiscal year 2083-84. According to the data released by Nepal Rastra Bank, commercial banks have earned a profit of Rs 17.81 billion till August of the current fiscal year.

In the previous year, till August 2082-83, these banks had earned a profit of Rs 16.59 billion. The profit of the banks increased by 7.32 percent in the review period compared to the previous year.

Nabil Bank is the highest profit earner during this period. Also, Himalayan Bank is ahead in terms of growth rate.

Compared to the previous year, the profit of 13 commercial banks has increased while the profit of seven banks has decreased.

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