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Development banks earn Rs 3.43 billion in net profit in H1; Three institutions still in loss

KATHMANDU: Nepal’s development banking sector reported a strong earnings rebound in the first half of the current fiscal year, with total net profit crossing Rs 3.43 billion, although three institutions remain in the red. According to second-quarter financial statements for FY 2025/26 (2082/83 BS), a total of 16 development...

Development banks earn Rs 3.43 billion in net profit in H1; Three institutions still in loss
Commercial banks earn Rs 30.59 billion profit in H1of FY 2025/26; Kumari Bank jumps 886.5%, Nabil leads in earnings

Commercial banks earn Rs 30.59 billion profit in H1of FY 2025/26; Kumari Bank jumps 886.5%, Nabil leads in earnings

Low demand deposits, High fixed savings: What Nepal’s banking data says about the economy

Low demand deposits, High fixed savings: What Nepal’s banking data says about the economy

Global IME Bank launches Kiosk-based account opening service

Global IME Bank launches Kiosk-based account opening service

Everest Bank profit and distributable earnings rise, EPS declines

Everest Bank profit and distributable earnings rise, EPS declines

Nepal Bank profit jumps on lower provisions, Distributable profit still negative at Rs 914.9 million

Nepal Bank profit jumps on lower provisions, Distributable profit still negative at Rs 914.9 million

Citizens Bank posts Rs 358.8 million profit, Capital adequacy ratio at 12.43%

Citizens Bank posts Rs 358.8 million profit, Capital adequacy ratio at 12.43%

Share-backed lending surges to Rs 148.78 billion as banks shift focus

Share-backed lending surges to Rs 148.78 billion as banks shift focus

NRB allows election candidates to open two similar bank accounts for parliamentary polls

NRB allows election candidates to open two similar bank accounts for parliamentary polls

NRB, RBI move to enable QR code payments for Nepalis in India

NRB, RBI move to enable QR code payments for Nepalis in India

Acharya assumes leadership of Sanima Bank, Appointed CEO for four-year term

Acharya assumes leadership of Sanima Bank, Appointed CEO for four-year term

Election optimism lifts share market: NEPSE jumps 57 points, Turnover nears Rs 14 billion

Election optimism lifts share market: NEPSE jumps 57 points, Turnover nears Rs 14 billion

Private sector demands clear economic commitments in political parties’ election manifestos

Private sector demands clear economic commitments in political parties’ election manifestos

Nepal’s banking and financial institutions reach 106, Branch network crosses 11,500 mark

Nepal’s banking and financial institutions reach 106, Branch network crosses 11,500 mark

Nepal’s federal budget expands steadily, reflecting growing economic scale and state responsibilities

Nepal’s federal budget expands steadily, reflecting growing economic scale and state responsibilities

CIBFIN gets new leadership: Himalayan Bank chair Prabhandha Bahadur Shrestha appointed president

CIBFIN gets new leadership: Himalayan Bank chair Prabhandha Bahadur Shrestha appointed president

Nepal’s wealth gap deepens as Top 1pc control 24.5pc of national wealth

Nepal’s wealth gap deepens as Top 1pc control 24.5pc of national wealth

BFIs deposits surge to Rs 7.26 trillion, signaling renewed confidence in Nepal’s economy

BFIs deposits surge to Rs 7.26 trillion, signaling renewed confidence in Nepal’s economy

Bitcoin plunges sharply earlier today amid renewed risk aversion and global market pressure

Bitcoin plunges sharply earlier today amid renewed risk aversion and global market pressure

Banks emerge as Nepal’s largest power sector financiers as private investment crosses Rs 1.3 trillion

Banks emerge as Nepal’s largest power sector financiers as private investment crosses Rs 1.3 trillion

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