Commerz and Trust Bank 1st AGM
Mon, Mar 5, 2012 12:00 AM on Others,
KATHMANDU, MAR 5:
Commerz and Trust Bank recorded Rs 22.7 million net profit. The bank that held its first AGM on Sunday also approved the financial report of the fiscal year 2010-11. It has collected deposits worth Rs 2.48 billion and lent Rs 2.49 billion during the last fiscal year, the bank said, adding that the AGM has also appointed Shovakar Neupane as the new chairman of the bank that has total deposits worth Rs 4.62 billion and lending at Rs 4.47 billion as of now, it said.
Source: THT
