Weather Nabil grows
FROM
ISSUE #280 (06 JAN 2006 - 12 JAN 2006)
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Nabil Bank Limited reported a 13.9 percent after-tax profit at its 21st AGM on 25 December. In fiscal year 2004-2005, the bank's net worth grew 11.9 percent while deposits increased 3.3 percent. Non-performing loans equalled 3.35 percent of total loans, reported the bank. The AGM also approved a cash dividend of Rs 70 per share.
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