Nepal Investment Mega Bank's net profit is Rs 4.33 billion

The bank has increased its investment by Rs 35.87 billion to Rs 142 billion.

Magh 2, 2082

Kantipur Reporter

Nepal Investment Mega Bank's net profit is Rs 4.33 billion

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Nepal Investment Mega Bank Limited has earned a net profit of Rs 4.33 billion. This was announced at the 39th Annual General Meeting held under the chairmanship of the bank's Chairman Prithvi Bahadur Pandey.

The annual report of the bank for the last fiscal year, the auditor's report and financial statements were presented in the meeting and necessary discussions were held.   

In terms of resource mobilization, the bank's total deposits have increased by Rs 69.48 billion to Rs 476 billion. In the area of ​​credit flow,  with an expansion of Rs 20.84 billion, the net loan and borrowing amount has been maintained at Rs 339 billion.  

The bank has increased its investment by Rs 35.87 billion to Rs 142 billion. On the equity side, the bank's total shareholders' funds, which have a paid-up capital of Rs 34.13 billion, have reached Rs 64.98 billion.

The bank is currently providing cutting-edge banking services through 271 branches, 259 ATMs, 65 extension counters and 60 branchless banking.

Kantipur

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