Commercial banks earn Rs 13.14 billion in profit in first quarter of the Current FY

Kathmandu – Commercial banks in Nepal have earned a total profit of Rs 13.14 billion in the first quarter of the current fiscal year 2082/83, according to the financial statements made public by the banks. The figure represents a...


Development Banks Record Profit of 783.4 Million in First Quarter of the Current FY

Kathmandu: The profits of national-level development banks have declined sharply in the first quarter of the current fiscal year 2082/83. According to the banks’ financial statements, their combined profits have fallen by 45.2 percent compared to the same period...


Commercial Banks Earn Over Rs 16.59 Billion Profit in First Two Months of FY 2082/83

Kathmandu – Nepal’s commercial banking sector has recorded a total profit exceeding Rs 16.59 billion during the first two months of the current fiscal year 2082/83, according to data released by Nepal Rastra Bank (NRB). The figure, however, represents...


Global IME Bank Launches ‘Goal Based Saving’ Scheme

Kathmandu – Global IME Bank Limited has rolled out a new product, the ‘Goal Based Saving’ scheme, designed to help customers set and achieve financial targets with greater convenience. The scheme, available through the Global Smart Plus mobile banking...


Loan Disbursement in Commercial Banks in Nepal Reached Rs 485.5 Billion in FY 2081/82

Kathmandu – Despite economic slowdown and multiple challenges, commercial banks in Nepal have accelerated credit expansion. According to the latest figures, the 20 commercial banks currently in operation disbursed loans worth Rs 485.5 billion in fiscal year 2081/82, marking...


Commercial Banks in Nepal Contribute Nearly Rs 33 Billion in Income Tax to the Government

Kathmandu – Commercial banks in Nepal paid nearly Rs 33 billion in income tax to the government during the last fiscal year 2081/82, marking a significant increase compared to the previous year. According to official data, the 20 commercial...


Global IME Bank Wins ‘Euromoney Award for Excellence 2025’ as Best Bank in Nepal

Kathmandu – Global IME Bank Limited has been recognized with the prestigious ‘Best Bank in Nepal – Euromoney Award for Excellence 2025’, marking another milestone in its journey as a leading financial institution in the country. The Euromoney Awards,...


Most Commercial Banks Poised to Distribute Dividends from FY 2081/82 Profits

Kathmandu — The majority of Nepal’s commercial banks are in a position to distribute dividends to their shareholders from the profits earned in the last fiscal year (2081/82). Out of the 20 commercial banks currently in operation, only four...


Development Banks in Nepal Post Over Rs 5.60 Billion Profit in FY 2081/82

Kathmandu – National-level development banks in Nepal have reported robust growth in profitability, earning over Rs 5.60 billion in the last fiscal year, according to financial statements up to FY 2081/082. The eight banks currently operating in this sector...


Commercial Banks in Nepal Post Over Rs 71 Billion Profit in FY 2081/82

Kathmandu – Nepal’s commercial banking sector has reported a substantial increase in profitability in the last fiscal year, according to financial statements up to the fourth quarter of FY 2081/82. The total profit of the 20 banks currently operating...