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News item 5-3-2007

Agricultural Development Bank Ltd, Dhangadhi has disbursed loans worth Rs 1,120 million in the seven months of the current fiscal year 2006-07. The 19 development banking offices and two commercial banking offices of Agriculture Development Bank disbursed these loans, which account for 75 per cent of the third quarter targets. It collected 79 per cent of the targeted principal or Rs 1,020 million with interest recovery of Rs 146.7 million during the period. The bank has floated a relief package in the view of the hardships to customers taking loans during the conflict

 

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Other banking news and articles:

Profit of Global Bank (1-2-2008)
Job hopping in bank sector of Nepal (4-2-2008)
Neelgiri Development Bank collected a deposit of Rs 45.7 million (21-1-2008)
Sanima introduces debit card (1-1-2008)

Sunrise bank launches saving scheme (1-1-2008)
Banepa, city of banks (16-12-2007)
Vibor Bikas Bank launches Vibor Super Yield Deposit (14-12-2007)
Makwanpur Agriculture Development Bank provides new loans for unemployed (29-11-2007)
Garima Development Bank Limited opens in Waling Bazaar (24-11-2007)
Nepal bank back on track (16-11-2007)

Nabil Bank inaugurates nine new branches (13-11-2007)
Citizens Bank International kicks off commercial operation (21-4-2007)
Merger of Nepal Bangladesh Bank, Nepal Sri Lanka Merchant Bank and NB Finance Ltd  (8-2-2007)

Nepal Stock Exchange suspends trading of Nepal Credit and Commerce Bank (30-1-2007)
Buddha on bank notes (25-1-2007)
Rastriya Banijya Bank privatisation (23-1-2007)
agricultural development bank loans (24-1-07)
recovery plan for bad loans (1-1-07)

 

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