Nabil Bank topped the list of commercial banks in terms of net profit in the first nine months of the current fiscal year.
According to the unedited financial report for the third quarter, Nabil Bank has earned net profit of Rs 1.64 billion till third quarter, followed by Nepal Investment Bank Ltd (NIBL) which earned Rs 1.39 billion as net profit.
State-owned Rastriya Banijya Bank (RBB) was in the third position with net profit of Rs 1.25 billion, followed by Everest Bank (Rs 1.08 billion) and Standard Chartered Bank Nepal (Rs 999 million).
Average profit of the commercial banks increased by 14 percent in the first nine months of the current fiscal year compared to figures of the same period in the last fiscal year.
Agricultural Development Bank Limited (ADBL) had the largest loan portfolio (Rs 54.5 billion) till the end of the third quarter, followed by NIBL (Rs 53.56 billion), Nabil Bank (Rs 53.51 billion), RBB (Rs 53.49) and Everest Bank (Rs 50.64 billion) respectively.
Of the 30 commercial banks in the country, only Kist Bank posted loss. The bank had posted loss in first and second quarter of the current fiscal year as well. The bank posted loss of Rs 213 million in the first nine months of 2013/14.
Janata Bank, Century Bank, Civil Bank and Grand Bank were the low-performers in terms of logging profits.
ADBL had the high spread rate of 7.85 percent in the nine-month period, followed by Standard Chartered Bank Nepal (7.38 percent) and Nabil Bank (7.15 percent).
Nepal Credit and Commerce Bank (3.21 percent) has the lowest spread rate among commercial banks in the country.