Monday, April 27, 2009

NCC Bank Posts Profit

NCC Bank has posted Rs 408.1 million operating profit in the third quarter of this fiscal year. The bank also increased its capital adequacy ratio (CAR) to 12.51 per cent, more than Nepal Rastra Bank's 10 per cent under Basel-II, claimed NCC Bank. Non-Performing Assests (NPAs) also went down to 9.14 per cent

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