Citizens’ International Bank in Butwal

KATHMANDU: Citizens’ International Bank inaugurated its 11th branch office in Butwal on Monday. According to a press statement, during the fiscal year 2008-09 the bank had a deposit of Rs 11.52 billion and floated loan of Rs 8.21 billion that posted a Rs 5.5 million operating profit. The bank will soon be distributing 10 per cent of its dividend to shareholders. — HNS