Metro earns Rs 3.19 crore in Operating profit in Q2; Capital rises to Rs 18.56 crore

ShareSansar, January 22:

Pokhara based Metro Development Bank Limited has earned Rs 3.19 crore operating profit with the second quarter end of the fiscal year 2071/72.

During the end of Poush end, the banks has collected Rs 1.81 billion deposits and mobilized Rs 1.51 billion in loan and advances. The banks able to increase its deposit, loans and operating profit by 34 percent, 37 percent and 44 percent respectively compared to previous year second quarter end.

The company issued and paid up capital rises to Rs 18.56 crore and in near future company is planning to issue 15 percent right share.