International Development Bank Limited posts profit
Fri, Jan 13, 2012 12:00 AM on Others,
KATHMANDU,JAN 13:
International Development Bank Ltd (IDBL) posted a net profit of Rs 18.2 million in the fiscal year 2010-11. The bank’s second AGM held on Thursday also decided to explore joint venture with domestic and international banks. It is planning to issue IPO worth Rs 192 million to public within the current fiscal year. After the IPO, the bank’s paid up capital will be Rs 640 million.
Source: THT
