Date: March 15th 2009
Mr. Manoj Bahadur Shrestha, Chairman of Himalayan Bank Limited, today inaugurated Bank's Chabahil Branch amidst a function. This is the 20th Branch of the Bank.
Speaking at the occasion, Mr. Ashoke SJB Rana, Chief Executive Officer of the Bank highlighted the current activities and achievements of the Bank in the first seven months of the current fiscal year (Magh End 2065). Mr. Rana informed that the deposit base of the Bank has grown to above 32.14 Billion and the loan portfolio of the Bank is over Rs. 22.46 Billion. The Bank has been able to reduce NPA level to 1.84 and 2.36 in the past and the Bank has been able to make the inflow of total foreign remittance amounting to USD 312 million as of Magh end (11 February 2009). Bank has registered the gross operating profit of Rs. 661.22 Million in the first eleven months of the current fiscal year.
Local dignitaries, reputed entrepreneurs of the region and Directors, Senior Executives of the Bank were also present at the inauguration function.