Citizens’ milestone

KATHMANDU: Citizens Bank International has completed 11 years of operation.

Established with the slogan of ‘Your Partner for progress’ on April 20, 2007, the bank has so far managed to set up 68 branches across the country and 68 ATM terminals serving 135,000 account holders of the bank. Issuing a press statement on Friday, the bank said that it has been able to collect deposits worth Rs 60.25 billion within the third quarter of the ongoing fiscal year and has also floated loans worth Rs 55.85 billion.

Similarly, the bank has managed to book an operating profit of Rs 1.17 billion and net profit of over Rs one billion within the third quarter of this fiscal, an increment in operating profit by 32.72 per cent and net profit by 14.39 per cent, according to the bank. — HNS