Jyoti Bikas Bank starts joint transaction after successful acquisition of Raptibheri Bikas Bank
Thu, Oct 26, 2017 11:45 AM on Latest, Featured, Stock Market,
Jyoti Bikas Bank Limited and Raptibheri Bikas Bank Limited have started joint transaction on Kartik 8, 2074 after completion of acquisition by Jyoti Bikas Bank. Dr, Chiranjibi Nepal, Governor of Nepal Rastra Bank inaugurated the program held yesterday.
Issuing a press statement published yesterday, it stated that, after the acquisition, Jyoti Bikas Bank’s paid up capital has reached Rs 2 arba 36 crore. Till now the bank has collected Rs 12.40 arba deposits and has extended Rs 10.30 arba in loans. The development bank has been providing services from 46 branches to more than 1 lakh 40 thousand customers. Jyoti Bikas Bank will maintain the minimum paid up capital requirement by issuing bonus share from the profit it earned in the last fiscal year 2073/74.
The bank aims to provide services from all over Nepal and will soon add 10 more branches.
Issuing a press statement published yesterday, it stated that, after the acquisition, Jyoti Bikas Bank’s paid up capital has reached Rs 2 arba 36 crore. Till now the bank has collected Rs 12.40 arba deposits and has extended Rs 10.30 arba in loans. The development bank has been providing services from 46 branches to more than 1 lakh 40 thousand customers. Jyoti Bikas Bank will maintain the minimum paid up capital requirement by issuing bonus share from the profit it earned in the last fiscal year 2073/74.
The bank aims to provide services from all over Nepal and will soon add 10 more branches.
