KATHMANDU: Laxmi Bank Limited (LBL) has completed seven years of operations. It has emerged a key player in both the retail and wholesale business segment and prides itself as being a bank that operates under the highest levels of corporate governance, risk management practices that can be benchmarked with best international practices. It is also recognized for its IT credentials which are arguably the best in the banking industry today. LBL’s merger with HISEF Finance in 2004 was a milestone for the Nepali corporate sector, being the first and the only corporate merger. LBL’s balance sheet size stands at Rs 17 billion, and with 17 branches LBL has an NPA level of 0.1 per cent, CEO Suman Joshi said.
No comments:
Post a Comment