NIC Bank opened its 28th branch at Gaur in the Rautahat district. The branch will provide all the modern banking facilities including Internet banking. The bank also announced a cash dividend of 26.32 per cent for the year 2009-10, subject to approval of Nepal Rastra Bank (NRB) and the bank's Annual General Meeting. The bank posted a net profit of Rs 450 million for the year and a growth of 42 per cent, compared to the previous year. The bank has a customer base of over 100,000 and has installed 25 ATMs in the country.
Source:
tht
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