Kumari Bank Limited (KBL) has opened a new branch in Bhairahawa, a leading trading hub of western Nepal. Chairman of the bank, Noor Pratap JB Rana inaugurated the branch amid a function Wednesday, the bank said in a press release. Speaking on the occasion, acting chief executive of KBL, Kapil Sharma said that the bank would continuously focus on offering new products and increase branch network in various parts of the country. The bank said it maintained deposits and loans of Rs 12.78 billion and Rs 11.34 billion respectively in the fiscal year 2007/08. During the year, the bank earned operating profit of Rs 336.184 million.
Source: eKantipur
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Thursday, August 7, 2008
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