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Commercial banks post net profit of Rs 19.14 billion in three months

Profits jumped by 45.58 percent over the period due to falling funding costs and lower loan loss provisioning.

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  1. 0:01Commercial banks have reported a net
  2. 0:03profit of Rs 19.14 billion in three months
  3. 0:08Earnings jumped by 45.58 percent compared to
  4. 0:12the previous year
  5. 0:14Nabil Bank recorded the highest profit
  6. 0:16among peers at Rs 2.55 billion
  7. 0:21Furthermore seven banks reported net profits
  8. 0:24exceeding Rs 1 billion
  9. 0:28For the full story visit wenepal.com