Kist Bank Ltd. has opened its 36th branch at Butwal. The second branch of the bank in Amarpath of Butwal was inaugurated by Managing Director of the bank, Kamal Prasal Gnawali. The bank aims to expand its branching facilities across the country to 50 within the current fiscal year.
The bank has posted Rs. 88.376 million net profit and Rs. 136.836 million operating profit as per the fourth quarter financial report of fiscal year 2065/66. Earlier, the BOD meeting held on 23rd September 2009 (2066 Aswin 7) has decided to propose 3.50 percent cash dividend to its shareholders from the profit of fiscal year 2065/66.
Source:Jamb News Service
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