Wednesday, April 29, 2009

NIC Posts Profit

NIC Bank has posted 44 per cent growth in its net profit to Rs 251 million in the first nine months of the current year compared to the same period last year. "Our non-performing loans currently stand at a mere 0.9 per cent," said the bank that now has a network of 19 branches across the country from east to far-west including seven branches in Kathmandu valley. All branches are connected through VSat /Optical fibre network enabling real-time on-line connectivity.

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