Civil bank makes Rs 22.7 million net profit

BIRGUNJ, NOV 30: 

Civil Bank Limited made Rs. 22.7 million net profit in the first four months of the current fiscal year 2069-70 BS.

The bank has raised 10.34 billion deposits while it has made Rs. 9.15 billion loan disbursement during the same period. The bank has claimed that it has zero unproductive loans.

The bank organized an interaction on initial public offering at a time when it is preparing to float shares for the public, Chief Executive Officer, Sarbendra Mishra said and informed that the bank has separated the initial public offering of Rs. 808 million after December 25.

He claimed it was possibly the largest size of share in the banking sector's share market in the country.

Source: THT