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News item 12-1-2007 |
Total deposits of
Himalayan Bank Ltd
has reached Rs
26,491 million during the
fiscal year 2005-06,
recording an increase of
6.76 per cent over the
deposits of Rs 24,864
million during the same
period last year. According
to a press statement issued
by the bank today, the
bank’s loans and advances
reached Rs 15,762 million
during the review period,
recording an increase of
17.8 per cent over the
figures of Rs 13,451 million
during the previous year.
Bank’s
chairman Manoj Bahadur
Shrestha was quoted as
saying in the press
statement, that with the
integration of Globus
banking software in all
branches of the bank, it has
been possible for a branch
to carry on banking
transactions with any other
branch. The bank has been
able to earn an operating
profit of Rs 684.092 million
during the review period
vis-à-vis Rs 666.059 million
during the previous year.
The net profit of the bank
reached Rs 457.457 million.
Read more about Himalayan
Bank's results
Other banking news and
articles:
Global Bank in Kathmandu
11-1-07
Royal Merchant Banking and Finance profit and bonus share (10-1-2007)
Iso certification for Mmachhapuchhr Bank (10-1-2007)
Profit Nepal
Merchant Banking and Finance 5-1-2007
Asian Development bank
study on transport 5-1-2007
Global
Bank in Nepal 4-1-07
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