HBL’s new branch

KATHMANDU: Himalayan Bank Ltd chairman Manoj Bahadur Shrestha on Sunday inaugurated the bank’s Chabahil branch — the 20th — at Chucchepati. Speaking on the occasion, bank CEO Ashoke SJB Rana said that in the first seven months of the current fiscal year, the bank’s deposit base had grown to above Rs 32.14 billion and loan portfolio was over Rs 22.46 billion. It also reduced its NPA level to 1.84 per cent. “HBL has channelled remittance inflow worths $312 million as of Magh end,” he said. — HNS

NIC’s 19th branch

KATHMANDU: NIC Bank Ltd started operations of its 19th branch office at Samakhusi on Sunday. According to the bank, it has seven branches in Kathmandu valley and the new branch will make it a total of 19 branches throughout the country. The bank is planning to add three more branches within the current fiscal year. — HNS