NRB Publishes Net Profit Report for Falgun: Nabil Bank and Garima Bikas Bank Lead Their Sectors
Thu, Apr 10, 2025 12:45 PM on Financial Analysis, Company Analysis, Economy, National, Latest,
Nepal Rastra Bank has released the financial performance report for commercial and development banks for the eight month of the fiscal year 2081/82, ending in Falgun.
Commercial Banks:
The collective net profit of commercial banks reached Rs. 43.49 Arba. Nabil Bank took the lead with a net profit of Rs. 4.78 Arba, overtaking Globel Ime Bank, which reported earnings of Rs. 4.72 Arba. Nepal Investment Mega Bank followed in third place, posting a net profit of Rs. 4.08 Arba for the period.
Other notable performers include Everest Bank and Nepal Bank, which reported profits in the higher range.
Meanwhile, the Agriculture Development Bank recorded the least net profit among commercial banks of Rs. 73.8 Crores.
Development Banks:
Garima Bikas Bank led the sector, reporting a net profit of Rs. 83.48 Crores, followed by Muktinath Bikas Bank, which posted Rs. 78.78 Crores in net profit. Shine Resunga Development Bank followed closely with earnings of Rs. 56.48 Crores. At the lower end of the spectrum, Green Development Bank and Salapa Bikas Bank recorded minimal earnings, with Rs. 1.8 crores and Rs. 17 lakhs, respectively.
Furthermore, eight banks within the development banking sector, including Narayani Development Bank, Saptakoshi Development Bank, Karnali Development Bank, Corporate Development Bank, and Excel Development Bank, reported net losses for the month.
