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Lumbini Finance & Leasing Co annual meeting

 
Financial institutions in Nepal
Lumbini Finance & Leasing Co Ltd
 Kist Merchant Banking and Finance
United Finance Ltd
 Alpic everest finance
Everest finance
Ime Financial institution
Business Development Finance Inst.
Nawa Durga Finance Co
Standard Finance Limited
Capital Merchant Banking & Finance
 Hama finance
 Good deposit schemes, 1 year fixed 7%, 3 year even 8%
National finance Co.
Annapurna finance company
Ace finance company
Gorkha finance
Universal finance
Nawa Kantipur
Deposit and loan schemes

 
News item 26-2-2007

Lumbini Finance & Leasing Co Ltd (LUFIL) has decided to give 5.26 per cent of paid up capital cash dividend to its shareholders. The 11th annual general meeting of LUFIL held the other day passed a proposal to give dividend from the profit earned during the fiscal year 2005-06. Presenting the annual report, Prem Bahadur Shrestha, chairman of LUFIL said that the company made an operating profit of Rs 15,039,583 during the fiscal. Total deposits of LUFIL increased by 12.17 per cent to Rs 741.67 million, whereas total loans and advances rose by 14.04 per cent to Rs 752.08 million. Although the company earned the operating profit, LUFIL’s non-performing loan also increased to Rs 8.99 million during the review period from Rs 5.09 million a year ahead.
 

More about the results of Lumbini Finance & Leasing

 

 

Other finance articles:

4 years Birgunj Finance (1-10-2007)
 foreign employment insurance scheme forwarded to Ministry of Finance (26-8-2007)
Real estate is interesting niche for investment (29-6-2007)
 5 years International Money Express (14-6-2007)
Imperial Finance to issue shares  (6-2-2007)
Foreign aid increases (3-2-2007)
IME gets permission for foreign exchange business (2-2-2007)
 

 

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