Kathmandu. Nepal Investment Bank Limited (NIBL) has successfully completed its 39th Annual General Meeting. The AGM was held at Alice Reception, Kathmandu on Wednesday under the chairmanship of Mr. Prithvi Bahadur Pandey, Chairman of the Bank.

On the occasion, the annual report, auditor’s report and financial statements of the bank were presented in the meeting. In the fiscal year 2081÷82, the bank has earned a net profit of Rs 4.33 billion. The bank’s total deposit increased by Rs 69.48 billion to Rs 476 billion while in the loan sector expanded by Rs 20.84 billion to Rs 339 billion.

Similarly, the bank has increased its investment by Rs 35.87 billion to Rs 142 billion. The bank has paid-up capital of Rs 34.13 billion and total shareholder fund of Rs 64.98 billion has reached Rs 64.98 billion. The bank at present has been providing its services through a network of 271 branches, 259 ATMs, 65 extension counters and 60 branchless banking services.