BIZ BRIEFS

GDB’s ninth branch

KATHMANDU: Gurkha Development Bank (Nepal) Ltd on Thursday started operations of its 9th branch office at Satdobato, Lalitpur. According to a press statement, in the six months of fiscal year 2008-09 the bank registered an operating profit of Rs 37.6 million and collected a total deposit of Rs 2.47 billion. The total credit flow of the bank is Rs 2.52 billion. — HNS