Money

Banks post record first quarter profits

Banks posted record profits in the first quarter ended mid-October despite encountering an acute shortage of loanable funds. Unaudited financial reports of 27 commercial banks show a staggering 45.87 percent growth in profits year-on-year. One bank among the 28 commercial banks in the country is yet to issue its financial report for the first quarter. Banks post record first quarter profits
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Bibek Subedi
Published at : November 20, 2018
Updated at : November 20, 2018 08:47
Kathmandu


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