Lumbini Bikas Bank reappoints Mr. Naresh Singh Bohara as its CEO; Mr. Bohra to continue in his endeavours to making the bank one of the leading institutions

Lumbini Bikas Bank has reappointed Mr. Naresh Singh Bohara as its CEO to be effective from Shrawan 2, 2079.

Mr. Bohara has accomplished his four years tenure with a range of amazing achievements where the bank was able to scale up its paid-up capital from Rs 2.10 arba to Rs 3.28 arba, deposits increased by Rs 22.96 arba to Rs 45.14 arba, loans increased by Rs 22.75 arba to Rs 41.13 arba, and the bank was able to distribute a total dividend of Rs 60.75% during the past four years. The bank has decreased its NPL from 3.34% to 1.68% and has 86 branches under its network.