Muktinath Bikas Bank Limited opens 24th branch in Tansen, Palpa

ShareSansar, March 8:

Muktinath Bikas Bank Limited (MBBL) has established its 24th branch in Tansen of Palpa district. The branch was formally inaugurated by Member of Parliament from constituency number 3 of Palpa district Hari Prasad Nepal.

At the inauguration, CEO of the bank Bharatraj Dhakal and Chairman Min Prasad Gurung briefly spoke on the facilities that are provided by bank.

Till now, the bank has been providing services to 1,60,000 customers.

The bank’s paid up capital remains at Rs 59.90 crore. While it has mobilized Rs 6 arba in deposits, the total loan and advances stood at Rs 5  arba 50 crore.  The bank reported net profit of Rs 16 crore in first half of the current fiscal year.