NMB records profit

Tue, Aug 16, 2011 12:00 AM on Others,
KATHMANDU:
NMB Bank has posted operating profit Rs 332.4 million in the fiscal year 2010-11. According to the bank, the profit is 47.1 per cent more than a year ago’s Rs 225.9 million. During the last fiscal year 2010-11, the bank’s deposit grew by 27.3 per cent to Rs 12.86 billion while investment stood at Rs 11.34 billion. The bank that has increased its paid up capital to Rs 2 billion through right shares issue has 18 branches and 13 ATMs network across the country, it said.

Source: THT