Nepal’s commercial banks recorded Rs 5.208 billion in net trading income during the first half of the fiscal year, reflecting a 34.36 percent year-on-year increase. Gains were largely driven by stock market volatility and appreciation of the US dollar. Global IME Bank led with Rs 552.4 million in trading income, followed by Nabil Bank at Rs 464.3 million. Out of 20 banks, 19 reported profits, while Agricultural Development Bank posted a trading loss of Rs 118.3 million.
