Sunday, October 4, 2009

Machhapuchre Bank Turns 10

Machhapuchre Bank Ltd (MBL) on Saturday celebrated its 10th year of establishment. The bank started its operation from its first regional office at Pokhara. It has 31 branch offices and 35 ATM counters with 365 days banking facility. It is also planning to start Card Switching System along with Visa debit card distribution for its customers. The bank has a total paid-up capital of Rs 1.47 billion and has total deposit of Rs 16.13 billion, credit flow of Rs 14.38 billion and total investment of Rs 2.16 billion. It registered total operating profit of Rs 125 million, read a bank release.

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