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Everest Bank's operating profit up by 34.14 pc

Written by  Published in Banking & Finance Friday, 02 August 2013 05:45

Kathmandu, August 1 (CNS) -- The Board of Directors of Everest Bank Limited (EBL), in its meeting held on 16th Shrawan, 2070 (31st July, 2013) noted the following:

The operating profit of the Bank for the financial year ended 31st Asadh, 2070 (15th July, 2013) has increased by 34.14% (Rs. 240.17 crores) compared to the previous financial year (Rs.179.04 crores) – based on the Provisional Account as presented by the Management of the Bank to the Board.

The Board noted with satisfaction the Bank has now joined the league of the largest banks in the country with total business in excess of Rs. 10,000 Crores.

The NPA has come down to 0.62% from 0.84% last year.

Read 1189 times Last modified on Wednesday, 07 August 2013 20:36

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