Nabil Bank posts Rs 1.63 billion profit

KATHMANDU: Nabil Bank has posted a provisional profit before bonus and tax of Rs 1.63 billion and a profit after tax of Rs 1.03 billion. Nabil Bank chairman Satyendra Pyara Shrestha said the unprecedented result that Nabil Bank has delivered in the fiscal year 2008-09 has been due to the core philosophy the bank has had over its 25 years of operation centred in the belief that success comes from ensuring its personal and professional success. - Himalayan News Service