HBL in Baglung

KATHMANDU: Himalayan Bank Ltd inaugurated its 26th branch office in Baglung on Tuesday. The bank’s deposit base is Rs 37.55 billion and loan portfolio Rs 28.92 billion.

Nepal SBI’s dividend

KATHMANDU: The 16th AGM of Nepal SBI Bank Ltd decided to distribute 40 per cent bonus share and 2.11 per cent cash ividend. During fiscal 2008-09, it had total operating profit Rs 442.3 million, a growth of 25.2 per cent compared to the same period last year.

Kist Bank in Hetauda

KATHMANDU: Kist Bank ltd has opened its 44th branch in Hetauda. Managing Director Kamal Prasad Gyawali inaugurated the branch on on Monday.

Valley Finance’s FD

KATHMANDU: Valley Finance Ltd (VFL) has introduced a special fixed deposit scheme from Sunday. The finance company is offering 12 per cent interest per account on a quarterly basis.

NNFL’s 2:1 shares

KATHMANDU: Narayani National Finance Ltd (NNFL) is offering 2:1 rights shares to its investors. At its 17th AGM in Narayagadh on Monday it decided to issue right shares. NNFL gained Rs 19.8 million profit in the fiscal year 2008-09.

Sanduk co-op’s book profit

KATHMANDU: Sanduk Saving and Credit Cooperative Ltd of Lalitpur has bagged profit of Rs 2,01,000 in the fiscal year 2008-09. The cooperative has collected deposit of Rs 17 million and invested Rs 16.1 million in the first year of operation.

Capital increasing capital

KATHMANDU: Capital Merchant and Banking Finance Ltd is going to issue 1:1.5 rights share in near future. The finance currently has 3.47 units of share and the number will be 9.35 million after the issue of right shares. Security Board of Nepal has permitted to issue the share. The company distributed 8.42 per cent dividend in this fiscal.