The company has authorized capital of Rs 4 billion and paid-up capital of Rs 300 million. It collected deposits of Rs 3.62 billion and disbursed loans amounting to Rs 2.71 billion in fiscal year 2009/10. [break]
The company organized different programs like football match, blood donation program, and many social activities in different parts of the country to celebrate its sixth anniversary. International Money Express won the football match, while C M Trading finished as the runners-up.
Similarly, 85 persons participated in the blood donation campaign. The company also helped the people of an old age home in Dang, helped patients at a hospital in Arghakhanchi and lent its helping hand to a rehabilitation center in Chitwan, an orphanage in Myagdi and an old age home in Kathmandu.
The company operates with a network of 20 branches, 12 of which are outside the capital. The company has been providing facilities like 365 days banking, internet banking facilities, ATM facilities, remittance services and any branch banking system. The bank has 14 ATM terminals across the country.
The company plans to increase branches in its network, raise paid-up capital, provide foreign employment loan and deprived sector loan and invest in agricultural sector in a bid to provide better services to the customers, the company said in a statement.
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