Clean Energy Development Bank has opened its first branch at Nepal's eastern city Jhapa and is soon planning to open its second branch at Durbar Marga, Kathmandu soon, it said in a statement Thursday. The bank mobilized deposits worth Rs 1.83 billion by the end of the last fiscal year and incurred a net loss of Rs 13.9 million during the period. The statement further added that the bank was planning to add four more branches during the current fiscal year. Recently the bank offered 960,000 units of shares to the public at a par value of Rs 100 each.
Source: Ekantipur
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Friday, August 1, 2008
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