The network of Kist Bank Ltd. has reached to 37 after it opened its new branch at kalimati on Thursday. President of the bank, Rajendra Shakya inaugurated the branch of bank being the leading commercial bank to open more branches in Nepal. At an inauguration, Kamal Gnawali, MD of the bank said the bank has aimed to open total of 50 branches across the nation during the current fiscal year. The bank will add five more branches in near future which is under construction.
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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Sunday, October 18, 2009
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