The Nepal Sri Lanka Merchant Bank (NSLMB) is increasing its paid-up capital to Rs 100 million, a move that is to be soon followed by a public issue to raise Rs 40 million. The bank?with a paid up capital of Rs 45 million?reported a Rs 18.8 million profit in 1999/00. Its assets include deposits of Rs 360 million and loans amounting to Rs 320 million.
NSLMB Bank to upgrade capital
Business Briefs | From Issue #16 (November 10-16, 2000)
