Machhapuchchhre Bank Ltd. has opened its 21st branch in Illam. Mr. Surya Bahadur K.C, chairman of the bank inaugurated the new branch on 15th October, 2008. Excluding the new branch, MBL has two more branches in the eastern region located at Dhankuta and Itahari. MBL will be extending 15 more branches in the current fiscal year. All the branches at present are providing complete banking services delivered by the bank. The bank has increased its paid up capital to Rs. 1.32 billion and has collected Rs. 11.58 billion as deposit and has disseminated Rs. 10 billion as loan and has invested Rs. 1.22 billion in various sectors. Within this period of time, bank has earned Rs. 19.1 million as operating profit. At present, it is delivering its ATM service from 17 different locations and is planning to operate 10 more ATMs.
Source: Jamb News Service
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Friday, October 17, 2008
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