Nepal Bangladesh Bank has bagged 1st runner up award for best
financial report. The annual award is given by Nepal Chartered
Accountants’ Association.
The financial reports are evaluated as per the rules set by South Asian Federation of Accountants and the reports that are adjudged best in the country are then sent to compete at the South Asian level.
NB Bank made a remarkable improvement compared to last fiscal year.
As per the bank, it has collected deposits of Rs 17 arba 84 crore, extended loans of Rs 12 arba 24 crore and made profits of Rs 78 crore 64 lakh in the FY 2069/70. Likewise, the bank’s non-performing assets decreased to 2.97 percent from 4.29 percent last year.
src : sharesansar
The financial reports are evaluated as per the rules set by South Asian Federation of Accountants and the reports that are adjudged best in the country are then sent to compete at the South Asian level.
NB Bank made a remarkable improvement compared to last fiscal year.
As per the bank, it has collected deposits of Rs 17 arba 84 crore, extended loans of Rs 12 arba 24 crore and made profits of Rs 78 crore 64 lakh in the FY 2069/70. Likewise, the bank’s non-performing assets decreased to 2.97 percent from 4.29 percent last year.
src : sharesansar
