A comparative financial
review of Lumbini Bank
has reported a substantial
improvement in the last one
year, stated a press release
issued by the bank today.
The release has attributed
the improvement mostly to
the revamping of its human
resource policy by the
bank's new management. The
bank has reported a decline
in Non Performing Assets (NPA)
by more than half of last
year at 21 percent. The
release says that the
bank's performing
loanshave increased by 80.64
percent while concentration
risk has also been reduced.
Similarly the bank's
earnings from interest have
gone up by 49 percent while
other income has multiplied
by a whopping 478 percent,
the release states.