NSLMB Bank to upgrade capital
FROM ISSUE #16 (10 NOV 2000 - 16 NOV 2000) | TABLE OF CONTENTS
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The Nepal Sri Lanka Merchant Bank (NSLMB) is increasing its paid-up capital to Rs 100 million, a move that is to be soon followed by a public issue to raise Rs 40 million. The bank?with a paid up capital of Rs 45 million?reported a Rs 18.8 million profit in 1999/00. Its assets include deposits of Rs 360 million and loans amounting to Rs 320 million.