RBB earns profit

KATHMANDU: Rastriya Banijya Bank (RBB) has posted a growth in operating profit by 34 per cent to Rs 210.7 million during the first nine months of the current fiscal year 2007-08. The state-owned largest commercial bank has earned the net profit of Rs 764.1 million during the same period. The level of non-performing loans (NPLs) have also dropped to 25.8

per cent in comparison to 32 per cent in the same period last year, states a press release. The bank plans to make Rs 1.70 billion net profit during this fiscal. — HNS

ICTC awarded ISO

KATHMANDU: ICTC Pvt Ltd, one of the leading business houses in Nepal — with 33 years of successful operation with diversified interests in liaison/representation, anufacturing /trading, insurance, hotel and IT/software development — has been conferred with ISO 2001:9000 certification. ICTC is the first company to be honoured with such certification in value added and liaison services, in Nepal, states a press release. The ISO certification has given an additional responsibility to abide by the core work value that this recognition brings with it, the company claims. — HNS