KATHMANDU, July 12: Commercial banks of Nepal posted net profits totaling Rs 64.56 billion during the first 11 months of the current fiscal year (FY 2025/26), which was 19.62 percent more than the earnings that they secured in the same period of the previous fiscal year.
According to the records with Nepal Rastra Bank (NRB), the commercial banks reported cumulative net profits of more than Rs 64 billion between mid-July 2025 and mid-June 2026. They had posted a combined net profit of Rs 53.97 billion in the review period last year.
As per bankers, the rise in profits was due to an improved loan recovery by the majority of banks. It has been attributed also to better financial management and operational efficiency regained by banks.
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Out of 20 ‘A’ class banks, 14 reported growth in their respective net profits, while the remaining six had their net profit decline. Kumari Bank reported a whopping rise in its net profit from 371.08 million to Rs 4.70 billion during the review period.
On the other hand, NIC Asia Bank reported the biggest decline of 38.81 percent, with its net profit falling to Rs 507.7 million from Rs 829.74 million. NIC Asia was the only commercial bank in the country, reporting a net profit below Rs 1 billion in the review period.
In terms of amount, Nabil Bank topped the list, registering a total net profit of Rs 8.49 billion. It was followed by Global IME Bank with its net profit of Rs 5.97 billion, down 0.96 percent from Rs 6.03 billion.
Among state-owned banks, Rastriya Banijya Bank posted the highest net profit growth of 68.82 percent. The bank reported a total net profit of Rs 3.72 billion in the review period. Nepal Bank Limited saw its net profit rise by 8.37 percent to Rs 3.32 billion and Agricultural Development Bank reported a 7.67 percent net profit growth, earning Rs 1.96 billion.
