Agriculture Development Bank Limited (ADBL) profit of Rs 10.25 million

KATHMANDU: The Thamel branch of Agriculture Development Bank Limited (ADBL) made a profit of Rs 10.25 million in the fiscal year 2008-09. ADBL chief executive officer Janak Raj Shah said that in view of enormous financial possibilities in Thamel the bank will boost services through Core Banking system. Bank branch manager Arjun Bista said that the investment has increased to Rs 30 million, compared to last year, and the collection rate of the bank has reached 98 per cent.