Commercial Banks earn Rs. 16.17 Arba in net profit in Q1; RBB top earner while Civil lags behind

November 18, 2019 | Investopaper

All the commercial banks have published their report of the first quarter of the current fiscal year i.e. 2076/77. In the first three months, commercial banks have recorded a total profit of Rs. 16.17 Arba. The total profit of the banks stood at Rs. 15.41 Arba in the first quarter of the fiscal year 2075/76.

Among the 28 commercial banks, Rastriya Banijya Bank has earned the highest profit with Rs. 112.70 crores. Likewise, Nabil Bank is a close second with a net profit of Rs. 112.30 crores in the 3 months period.

Similarly, NIC Asia Bank with its aggressive growth in business has occupied the third spot in terms of net profit. The bank earned a profit of Rs. 100.96 crores, becoming one of the only 3 banks in the billionaire club.

Nepal Investment Bank has fallen into fourth place with a decline in profit to Rs. 84.44 crores. Likewise, NMB Bank has reported a profit of Rs. 81.51 crores after the merger with Om Development Bank, thereby occupying No. 5 spot.

Civil Bank ranks last among the 28 banks with a net profit of Rs. 15.89 crores in the three months.

The ranking of commercial banks based on the net profit of the first quarter of the current fiscal year is shown in the table below:

Rank Bank Net Profit (in Rs. ‘crores’)
1 Rastriya Banijya Bank 112.70
2 Nabil Bank 112.30
3 NIC Asia Bank 100.96
4 Nepal Investment Bank 84.44
5 NMB Bank 81.51
6 Global IME Bank 75.31
7 Himalayan Bank 69.42
8 Everest Bank 69.08
9 Prime Bank 65.98
10 Standard Chartered Bank 64.41
11 Prabhu Bank 62.84
12 Agricultural Development Bank 60.73
13 Sanima Bank 59.36
14 Nepal Bank 58.18
15 Siddhartha Bank 52.14
16 Sunrise Bank 45.43
17 Mega Bank 43.74
18 Nepal SBI Bank 43.72
19 Nepal Bangladesh Bank 40.25
20 Kumari Bank 40.2
21 Laxmi Bank 40.19
22 Bank of Kathmandu 38.37
23 Machhapuchhre Bank 37.6
24 Century Bank 37.08
25 Janata Bank 36.69
26 Citizens Bank 34.91
27 NCC Bank 34.03
28 Civil Bank 15.89
Total 1617.46


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One thought on “Commercial Banks earn Rs. 16.17 Arba in net profit in Q1; RBB top earner while Civil lags behind

  • December 4, 2019 at 4:10 pm

    You guys are doing great work.


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