In the fiscal year 2064-65 Nepal Credit and Commerce Bank Limited (NCC), successfully granted rights share of 1:1 ratio of Rs 700 million. The total paid up capital of the NCC that was Rs 700 million is now Rs 1400 million. With a total profit of Rs 620 million NCC has successfully achieved a capital of 11.4 per cent, said a Sunday press release. Last year, the bank faced a loss of Rs 78.7 million but recovered losses and achieved a profit of Rs 625.1 million including bonus and taxes.
Source: THT
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Thursday, August 7, 2008
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