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Commercial banks’ profit increases by 32%; one suffers loss - Peoples' Review
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Commercial banks’ profit increases by 32%; one suffers loss - Peoples' Review
Kathmandu, Aug 15: The combined profit of Nepal’s 20 commercial banks increased by 31.95 per cent in fiscal year 2025/26, according to their unaudited financial statements for the fourth quarter. The banks earned a combined Rs 69.78 billion in profit in fiscal year 2025/26, compared with Rs 52.88 billion in fiscal year 2024/25. Some banks recorded profit growth of thousands of per cent. Himalayan Bank reported a sharp rise in profit, while Kumar…
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