Sunrise's 20 Branches within 17 month.

Sunrise Bank Ltd in its 17th month of operations has established 20 branch offices including those at Maharajgunj, Pharping, Bhaktapur, Narayangarh, Birgunj, Sunaul and Bardibas. According to a press release, the bank plans to open 25 branches within this fiscal year. It has collected a deposit of Rs 9.48 billion and within the second quarter of the present fiscal year, it registered an operating profit of Rs 46.7 million. The bank is going to float its own 30 per cent primary shares worth Rs 300 million next month.