Nepal Community Development Bank opens 12th branch at Siyari Gaupalika
Nepal Community Development Bank has formally started its banking operation at Siyari Gaupalika-7, Amuwa through its 12th branch from Magh 14, 2074. The latest branch was inaugurated by the chairman of Siyari Gaupalika, Ayodhya Tharu.
The paid up capital of development bank currently stands at 44.76 crore. After capitalization of the proposed bonus shares and the ungoing auction process of unsubscribed right shares, the paid up capital will reach Rs 50 crore as per the requirement of Nepal Rastra Bank.
The bank currently has deposit portfolio of Rs 2 arba and credit disbursement value of Rs 1.8 arba and has earned operational profit of Rs 3 crore by the end of Poush, 2074.
The paid up capital of development bank currently stands at 44.76 crore. After capitalization of the proposed bonus shares and the ungoing auction process of unsubscribed right shares, the paid up capital will reach Rs 50 crore as per the requirement of Nepal Rastra Bank.
The bank currently has deposit portfolio of Rs 2 arba and credit disbursement value of Rs 1.8 arba and has earned operational profit of Rs 3 crore by the end of Poush, 2074.
