Lumbini Bank Ltd (LBL) has doubled its paid up capital to Rs 995 million from Rs 500 million in the fiscal year 2006-07. The bank has also been successful in pushing its net worth up to Rs 299 million from a negative Rs 722 million. An LBL press release said the bank plans to becomes one of the strongest banks in its capital adequacy requirement.
Source: THT
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Monday, August 25, 2008
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