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<p style="text-align:justify">Among the banks, NMB Bank logged the highest profit earning. The bank’s profit grew by 93 percent in mid-April of current FY compared to the same period last of FY. It is due to the profits accumulated by other banks that have merged with NMB.</p>
<p style="text-align:justify">“This indicates that banks did not made significant reduction in loan interest rates compared to deposit interest rates during the period of high liquidity,” says Bhuwan Dhahal, CEO of Sanima Bank. The banks had set 2-4 percent interest rates on fixed deposit accounts due to lower investments caused by the devastating earthquake of last year followed by the border blockade. However, there was little reduction in interest rates of various loan categories except the short-term loans. During the period, the banks were charging 11-17 percent interest rate on various loan categories. Other than Prabhu, Standard Chartered, Lumbini, Nepal SBI and Agricultural Development Bank, spread rate of other banks are within the limit set by Nepal Rastra Bank. As per the NRB directive, such rates should not exceed 5 percent.</p>
<p style="text-align:justify">Increase in spread rate has also attributed to the rise in the banks net interest income. The net interest income of the banks has increased by 17 percent to Rs 29.15 billion by mid-April of current FY compared to same period of last FY. During the period, deposit collection of the banks has increased by six percent while loans saw increment of only four percent.</p>
<p style="text-align:justify"><img alt="" src="/userfiles/images/table%283%29.jpg" style="height:1007px; width:700px" /></p>
<p style="text-align:justify"> </p>
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'content' => '<p style="text-align:justify">May 13: Despite the adverse investment scenario, profit of commercial banks has increased by 36 percent due to the rise in spread rate (difference in deposit and loan interest rates). Among the total 29 banks in operation, 26 have published third quarter financial reports of the current fiscal year. Based on the reports, their profit has increased compared to same period of last FY. Profit of the banks which had totalled Rs 15.51 billion by mid-April of last FY jumped to Rs 21 billion in the same period of the current FY. The banks have increased spread rate by 0.01-1.11 percent by mid-April compared to last month of the FY 2071/72.</p>
<p style="text-align:justify">Among the banks, NMB Bank logged the highest profit earning. The bank’s profit grew by 93 percent in mid-April of current FY compared to the same period last of FY. It is due to the profits accumulated by other banks that have merged with NMB.</p>
<p style="text-align:justify">“This indicates that banks did not made significant reduction in loan interest rates compared to deposit interest rates during the period of high liquidity,” says Bhuwan Dhahal, CEO of Sanima Bank. The banks had set 2-4 percent interest rates on fixed deposit accounts due to lower investments caused by the devastating earthquake of last year followed by the border blockade. However, there was little reduction in interest rates of various loan categories except the short-term loans. During the period, the banks were charging 11-17 percent interest rate on various loan categories. Other than Prabhu, Standard Chartered, Lumbini, Nepal SBI and Agricultural Development Bank, spread rate of other banks are within the limit set by Nepal Rastra Bank. As per the NRB directive, such rates should not exceed 5 percent.</p>
<p style="text-align:justify">Increase in spread rate has also attributed to the rise in the banks net interest income. The net interest income of the banks has increased by 17 percent to Rs 29.15 billion by mid-April of current FY compared to same period of last FY. During the period, deposit collection of the banks has increased by six percent while loans saw increment of only four percent.</p>
<p style="text-align:justify"><img alt="" src="/userfiles/images/table%283%29.jpg" style="height:1007px; width:700px" /></p>
<p style="text-align:justify"> </p>
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<p style="text-align:justify">Among the banks, NMB Bank logged the highest profit earning. The bank’s profit grew by 93 percent in mid-April of current FY compared to the same period last of FY. It is due to the profits accumulated by other banks that have merged with NMB.</p>
<p style="text-align:justify">“This indicates that banks did not made significant reduction in loan interest rates compared to deposit interest rates during the period of high liquidity,” says Bhuwan Dhahal, CEO of Sanima Bank. The banks had set 2-4 percent interest rates on fixed deposit accounts due to lower investments caused by the devastating earthquake of last year followed by the border blockade. However, there was little reduction in interest rates of various loan categories except the short-term loans. During the period, the banks were charging 11-17 percent interest rate on various loan categories. Other than Prabhu, Standard Chartered, Lumbini, Nepal SBI and Agricultural Development Bank, spread rate of other banks are within the limit set by Nepal Rastra Bank. As per the NRB directive, such rates should not exceed 5 percent.</p>
<p style="text-align:justify">Increase in spread rate has also attributed to the rise in the banks net interest income. The net interest income of the banks has increased by 17 percent to Rs 29.15 billion by mid-April of current FY compared to same period of last FY. During the period, deposit collection of the banks has increased by six percent while loans saw increment of only four percent.</p>
<p style="text-align:justify"><img alt="" src="/userfiles/images/table%283%29.jpg" style="height:1007px; width:700px" /></p>
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<p style="text-align:justify">Among the banks, NMB Bank logged the highest profit earning. The bank’s profit grew by 93 percent in mid-April of current FY compared to the same period last of FY. It is due to the profits accumulated by other banks that have merged with NMB.</p>
<p style="text-align:justify">“This indicates that banks did not made significant reduction in loan interest rates compared to deposit interest rates during the period of high liquidity,” says Bhuwan Dhahal, CEO of Sanima Bank. The banks had set 2-4 percent interest rates on fixed deposit accounts due to lower investments caused by the devastating earthquake of last year followed by the border blockade. However, there was little reduction in interest rates of various loan categories except the short-term loans. During the period, the banks were charging 11-17 percent interest rate on various loan categories. Other than Prabhu, Standard Chartered, Lumbini, Nepal SBI and Agricultural Development Bank, spread rate of other banks are within the limit set by Nepal Rastra Bank. As per the NRB directive, such rates should not exceed 5 percent.</p>
<p style="text-align:justify">Increase in spread rate has also attributed to the rise in the banks net interest income. The net interest income of the banks has increased by 17 percent to Rs 29.15 billion by mid-April of current FY compared to same period of last FY. During the period, deposit collection of the banks has increased by six percent while loans saw increment of only four percent.</p>
<p style="text-align:justify"><img alt="" src="/userfiles/images/table%283%29.jpg" style="height:1007px; width:700px" /></p>
<p style="text-align:justify"> </p>
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'summary' => 'May 13: Despite the adverse investment scenario, profit of commercial banks has increased by 36 percent due to the rise in spread rate (difference in deposit and loan interest rates). Among the total 29 banks in operation, 26 have published third quarter financial reports of the current fiscal year. Based on the reports, their profit has increased compared to same period of last FY. Profit of the banks which had totalled Rs 15.51 billion by mid-April of last FY jumped to Rs 21 billion in the same period of the current FY. The banks have increased spread rate by 0.01-1.11 percent by mid-April compared to last month of the FY 2071/72.',
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<p style="text-align:justify">“This indicates that banks did not made significant reduction in loan interest rates compared to deposit interest rates during the period of high liquidity,” says Bhuwan Dhahal, CEO of Sanima Bank. The banks had set 2-4 percent interest rates on fixed deposit accounts due to lower investments caused by the devastating earthquake of last year followed by the border blockade. However, there was little reduction in interest rates of various loan categories except the short-term loans. During the period, the banks were charging 11-17 percent interest rate on various loan categories. Other than Prabhu, Standard Chartered, Lumbini, Nepal SBI and Agricultural Development Bank, spread rate of other banks are within the limit set by Nepal Rastra Bank. As per the NRB directive, such rates should not exceed 5 percent.</p>
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<p style="text-align:justify"><img alt="" src="/userfiles/images/table%283%29.jpg" style="height:1007px; width:700px" /></p>
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<p style="text-align:justify">“This indicates that banks did not made significant reduction in loan interest rates compared to deposit interest rates during the period of high liquidity,” says Bhuwan Dhahal, CEO of Sanima Bank. The banks had set 2-4 percent interest rates on fixed deposit accounts due to lower investments caused by the devastating earthquake of last year followed by the border blockade. However, there was little reduction in interest rates of various loan categories except the short-term loans. During the period, the banks were charging 11-17 percent interest rate on various loan categories. Other than Prabhu, Standard Chartered, Lumbini, Nepal SBI and Agricultural Development Bank, spread rate of other banks are within the limit set by Nepal Rastra Bank. As per the NRB directive, such rates should not exceed 5 percent.</p>
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<p style="text-align:justify"><img alt="" src="/userfiles/images/table%283%29.jpg" style="height:1007px; width:700px" /></p>
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May 13: Despite the adverse investment scenario, profit of commercial banks has increased by 36 percent due to the rise in spread rate (difference in deposit and loan interest rates). Among the total 29 banks in operation, 26 have published third quarter financial reports of the current fiscal year. Based on the reports, their profit has increased compared to same period of last FY. Profit of the banks which had totalled Rs 15.51 billion by mid-April of last FY jumped to Rs 21 billion in the same period of the current FY. The banks have increased spread rate by 0.01-1.11 percent by mid-April compared to last month of the FY 2071/72.
Among the banks, NMB Bank logged the highest profit earning. The bank’s profit grew by 93 percent in mid-April of current FY compared to the same period last of FY. It is due to the profits accumulated by other banks that have merged with NMB.
“This indicates that banks did not made significant reduction in loan interest rates compared to deposit interest rates during the period of high liquidity,” says Bhuwan Dhahal, CEO of Sanima Bank. The banks had set 2-4 percent interest rates on fixed deposit accounts due to lower investments caused by the devastating earthquake of last year followed by the border blockade. However, there was little reduction in interest rates of various loan categories except the short-term loans. During the period, the banks were charging 11-17 percent interest rate on various loan categories. Other than Prabhu, Standard Chartered, Lumbini, Nepal SBI and Agricultural Development Bank, spread rate of other banks are within the limit set by Nepal Rastra Bank. As per the NRB directive, such rates should not exceed 5 percent.
Increase in spread rate has also attributed to the rise in the banks net interest income. The net interest income of the banks has increased by 17 percent to Rs 29.15 billion by mid-April of current FY compared to same period of last FY. During the period, deposit collection of the banks has increased by six percent while loans saw increment of only four percent.
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<p style="text-align:justify">“This indicates that banks did not made significant reduction in loan interest rates compared to deposit interest rates during the period of high liquidity,” says Bhuwan Dhahal, CEO of Sanima Bank. The banks had set 2-4 percent interest rates on fixed deposit accounts due to lower investments caused by the devastating earthquake of last year followed by the border blockade. However, there was little reduction in interest rates of various loan categories except the short-term loans. During the period, the banks were charging 11-17 percent interest rate on various loan categories. Other than Prabhu, Standard Chartered, Lumbini, Nepal SBI and Agricultural Development Bank, spread rate of other banks are within the limit set by Nepal Rastra Bank. As per the NRB directive, such rates should not exceed 5 percent.</p>
<p style="text-align:justify">Increase in spread rate has also attributed to the rise in the banks net interest income. The net interest income of the banks has increased by 17 percent to Rs 29.15 billion by mid-April of current FY compared to same period of last FY. During the period, deposit collection of the banks has increased by six percent while loans saw increment of only four percent.</p>
<p style="text-align:justify"><img alt="" src="/userfiles/images/table%283%29.jpg" style="height:1007px; width:700px" /></p>
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<p style="text-align:justify">“This indicates that banks did not made significant reduction in loan interest rates compared to deposit interest rates during the period of high liquidity,” says Bhuwan Dhahal, CEO of Sanima Bank. The banks had set 2-4 percent interest rates on fixed deposit accounts due to lower investments caused by the devastating earthquake of last year followed by the border blockade. However, there was little reduction in interest rates of various loan categories except the short-term loans. During the period, the banks were charging 11-17 percent interest rate on various loan categories. Other than Prabhu, Standard Chartered, Lumbini, Nepal SBI and Agricultural Development Bank, spread rate of other banks are within the limit set by Nepal Rastra Bank. As per the NRB directive, such rates should not exceed 5 percent.</p>
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<p style="text-align:justify"><img alt="" src="/userfiles/images/table%283%29.jpg" style="height:1007px; width:700px" /></p>
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<p style="text-align:justify">“This indicates that banks did not made significant reduction in loan interest rates compared to deposit interest rates during the period of high liquidity,” says Bhuwan Dhahal, CEO of Sanima Bank. The banks had set 2-4 percent interest rates on fixed deposit accounts due to lower investments caused by the devastating earthquake of last year followed by the border blockade. However, there was little reduction in interest rates of various loan categories except the short-term loans. During the period, the banks were charging 11-17 percent interest rate on various loan categories. Other than Prabhu, Standard Chartered, Lumbini, Nepal SBI and Agricultural Development Bank, spread rate of other banks are within the limit set by Nepal Rastra Bank. As per the NRB directive, such rates should not exceed 5 percent.</p>
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<p style="text-align:justify">“This indicates that banks did not made significant reduction in loan interest rates compared to deposit interest rates during the period of high liquidity,” says Bhuwan Dhahal, CEO of Sanima Bank. The banks had set 2-4 percent interest rates on fixed deposit accounts due to lower investments caused by the devastating earthquake of last year followed by the border blockade. However, there was little reduction in interest rates of various loan categories except the short-term loans. During the period, the banks were charging 11-17 percent interest rate on various loan categories. Other than Prabhu, Standard Chartered, Lumbini, Nepal SBI and Agricultural Development Bank, spread rate of other banks are within the limit set by Nepal Rastra Bank. As per the NRB directive, such rates should not exceed 5 percent.</p>
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include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
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'summary' => 'May 13: Despite the adverse investment scenario, profit of commercial banks has increased by 36 percent due to the rise in spread rate (difference in deposit and loan interest rates). Among the total 29 banks in operation, 26 have published third quarter financial reports of the current fiscal year. Based on the reports, their profit has increased compared to same period of last FY. Profit of the banks which had totalled Rs 15.51 billion by mid-April of last FY jumped to Rs 21 billion in the same period of the current FY. The banks have increased spread rate by 0.01-1.11 percent by mid-April compared to last month of the FY 2071/72.',
'content' => '<p style="text-align:justify">May 13: Despite the adverse investment scenario, profit of commercial banks has increased by 36 percent due to the rise in spread rate (difference in deposit and loan interest rates). Among the total 29 banks in operation, 26 have published third quarter financial reports of the current fiscal year. Based on the reports, their profit has increased compared to same period of last FY. Profit of the banks which had totalled Rs 15.51 billion by mid-April of last FY jumped to Rs 21 billion in the same period of the current FY. The banks have increased spread rate by 0.01-1.11 percent by mid-April compared to last month of the FY 2071/72.</p>
<p style="text-align:justify">Among the banks, NMB Bank logged the highest profit earning. The bank’s profit grew by 93 percent in mid-April of current FY compared to the same period last of FY. It is due to the profits accumulated by other banks that have merged with NMB.</p>
<p style="text-align:justify">“This indicates that banks did not made significant reduction in loan interest rates compared to deposit interest rates during the period of high liquidity,” says Bhuwan Dhahal, CEO of Sanima Bank. The banks had set 2-4 percent interest rates on fixed deposit accounts due to lower investments caused by the devastating earthquake of last year followed by the border blockade. However, there was little reduction in interest rates of various loan categories except the short-term loans. During the period, the banks were charging 11-17 percent interest rate on various loan categories. Other than Prabhu, Standard Chartered, Lumbini, Nepal SBI and Agricultural Development Bank, spread rate of other banks are within the limit set by Nepal Rastra Bank. As per the NRB directive, such rates should not exceed 5 percent.</p>
<p style="text-align:justify">Increase in spread rate has also attributed to the rise in the banks net interest income. The net interest income of the banks has increased by 17 percent to Rs 29.15 billion by mid-April of current FY compared to same period of last FY. During the period, deposit collection of the banks has increased by six percent while loans saw increment of only four percent.</p>
<p style="text-align:justify"><img alt="" src="/userfiles/images/table%283%29.jpg" style="height:1007px; width:700px" /></p>
<p style="text-align:justify"> </p>
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'summary' => 'May 13: Despite the adverse investment scenario, profit of commercial banks has increased by 36 percent due to the rise in spread rate (difference in deposit and loan interest rates). Among the total 29 banks in operation, 26 have published third quarter financial reports of the current fiscal year. Based on the reports, their profit has increased compared to same period of last FY. Profit of the banks which had totalled Rs 15.51 billion by mid-April of last FY jumped to Rs 21 billion in the same period of the current FY. The banks have increased spread rate by 0.01-1.11 percent by mid-April compared to last month of the FY 2071/72.',
'content' => '<p style="text-align:justify">May 13: Despite the adverse investment scenario, profit of commercial banks has increased by 36 percent due to the rise in spread rate (difference in deposit and loan interest rates). Among the total 29 banks in operation, 26 have published third quarter financial reports of the current fiscal year. Based on the reports, their profit has increased compared to same period of last FY. Profit of the banks which had totalled Rs 15.51 billion by mid-April of last FY jumped to Rs 21 billion in the same period of the current FY. The banks have increased spread rate by 0.01-1.11 percent by mid-April compared to last month of the FY 2071/72.</p>
<p style="text-align:justify">Among the banks, NMB Bank logged the highest profit earning. The bank’s profit grew by 93 percent in mid-April of current FY compared to the same period last of FY. It is due to the profits accumulated by other banks that have merged with NMB.</p>
<p style="text-align:justify">“This indicates that banks did not made significant reduction in loan interest rates compared to deposit interest rates during the period of high liquidity,” says Bhuwan Dhahal, CEO of Sanima Bank. The banks had set 2-4 percent interest rates on fixed deposit accounts due to lower investments caused by the devastating earthquake of last year followed by the border blockade. However, there was little reduction in interest rates of various loan categories except the short-term loans. During the period, the banks were charging 11-17 percent interest rate on various loan categories. Other than Prabhu, Standard Chartered, Lumbini, Nepal SBI and Agricultural Development Bank, spread rate of other banks are within the limit set by Nepal Rastra Bank. As per the NRB directive, such rates should not exceed 5 percent.</p>
<p style="text-align:justify">Increase in spread rate has also attributed to the rise in the banks net interest income. The net interest income of the banks has increased by 17 percent to Rs 29.15 billion by mid-April of current FY compared to same period of last FY. During the period, deposit collection of the banks has increased by six percent while loans saw increment of only four percent.</p>
<p style="text-align:justify"><img alt="" src="/userfiles/images/table%283%29.jpg" style="height:1007px; width:700px" /></p>
<p style="text-align:justify"> </p>
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
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include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
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'title' => 'Spread Rate Helps Banks Profit Jump',
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'summary' => 'May 13: Despite the adverse investment scenario, profit of commercial banks has increased by 36 percent due to the rise in spread rate (difference in deposit and loan interest rates). Among the total 29 banks in operation, 26 have published third quarter financial reports of the current fiscal year. Based on the reports, their profit has increased compared to same period of last FY. Profit of the banks which had totalled Rs 15.51 billion by mid-April of last FY jumped to Rs 21 billion in the same period of the current FY. The banks have increased spread rate by 0.01-1.11 percent by mid-April compared to last month of the FY 2071/72.',
'content' => '<p style="text-align:justify">May 13: Despite the adverse investment scenario, profit of commercial banks has increased by 36 percent due to the rise in spread rate (difference in deposit and loan interest rates). Among the total 29 banks in operation, 26 have published third quarter financial reports of the current fiscal year. Based on the reports, their profit has increased compared to same period of last FY. Profit of the banks which had totalled Rs 15.51 billion by mid-April of last FY jumped to Rs 21 billion in the same period of the current FY. The banks have increased spread rate by 0.01-1.11 percent by mid-April compared to last month of the FY 2071/72.</p>
<p style="text-align:justify">Among the banks, NMB Bank logged the highest profit earning. The bank’s profit grew by 93 percent in mid-April of current FY compared to the same period last of FY. It is due to the profits accumulated by other banks that have merged with NMB.</p>
<p style="text-align:justify">“This indicates that banks did not made significant reduction in loan interest rates compared to deposit interest rates during the period of high liquidity,” says Bhuwan Dhahal, CEO of Sanima Bank. The banks had set 2-4 percent interest rates on fixed deposit accounts due to lower investments caused by the devastating earthquake of last year followed by the border blockade. However, there was little reduction in interest rates of various loan categories except the short-term loans. During the period, the banks were charging 11-17 percent interest rate on various loan categories. Other than Prabhu, Standard Chartered, Lumbini, Nepal SBI and Agricultural Development Bank, spread rate of other banks are within the limit set by Nepal Rastra Bank. As per the NRB directive, such rates should not exceed 5 percent.</p>
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<p style="text-align:justify"><img alt="" src="/userfiles/images/table%283%29.jpg" style="height:1007px; width:700px" /></p>
<p style="text-align:justify"> </p>
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'content' => '<p style="text-align:justify">May 13: Despite the adverse investment scenario, profit of commercial banks has increased by 36 percent due to the rise in spread rate (difference in deposit and loan interest rates). Among the total 29 banks in operation, 26 have published third quarter financial reports of the current fiscal year. Based on the reports, their profit has increased compared to same period of last FY. Profit of the banks which had totalled Rs 15.51 billion by mid-April of last FY jumped to Rs 21 billion in the same period of the current FY. The banks have increased spread rate by 0.01-1.11 percent by mid-April compared to last month of the FY 2071/72.</p>
<p style="text-align:justify">Among the banks, NMB Bank logged the highest profit earning. The bank’s profit grew by 93 percent in mid-April of current FY compared to the same period last of FY. It is due to the profits accumulated by other banks that have merged with NMB.</p>
<p style="text-align:justify">“This indicates that banks did not made significant reduction in loan interest rates compared to deposit interest rates during the period of high liquidity,” says Bhuwan Dhahal, CEO of Sanima Bank. The banks had set 2-4 percent interest rates on fixed deposit accounts due to lower investments caused by the devastating earthquake of last year followed by the border blockade. However, there was little reduction in interest rates of various loan categories except the short-term loans. During the period, the banks were charging 11-17 percent interest rate on various loan categories. Other than Prabhu, Standard Chartered, Lumbini, Nepal SBI and Agricultural Development Bank, spread rate of other banks are within the limit set by Nepal Rastra Bank. As per the NRB directive, such rates should not exceed 5 percent.</p>
<p style="text-align:justify">Increase in spread rate has also attributed to the rise in the banks net interest income. The net interest income of the banks has increased by 17 percent to Rs 29.15 billion by mid-April of current FY compared to same period of last FY. During the period, deposit collection of the banks has increased by six percent while loans saw increment of only four percent.</p>
<p style="text-align:justify"><img alt="" src="/userfiles/images/table%283%29.jpg" style="height:1007px; width:700px" /></p>
<p style="text-align:justify"> </p>
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
