City Development earns Rs 8.60 crore operating profit in Q2

Fri, Jan 16, 2015 12:00 AM on Financial Analysis,

ShareSansar, January 16:

Pokhara based City Development Bank Limited (CDBL) earns Rs 8.60 operating profit in the second quarter of the current fiscal year 2071/2.  City Development Bank informs that it has Rs 4.33 arba in deposits and mobilized Rs 3.64 arba in loan and advances till end of Poush 2071.

The company has been providing its financial services to its customer through 13 branches situated in different part of Nepal.

Recently conducted 8th AGM of bank has approved 22 percent bonus share to its shareholders and has paid up capital of Rs 46.81 crore after bonus share adjustment.