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Himalayan Bank Ltd. registers net Rs.235 million profit

January 18, 2003

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The Himalayan Bank Ltd. registered a net profit of Rs.235 million in the fiscal year 2059/60– down 15.17 percent compared to the previous year, the Bank said.

The Bank has a Rs.430 million reserve. The Bank this year distributed Rs.560 million in dividend to shareholders besides cash incentives. The Bank is a joint venture with Pakistan’s Habib Bank Ltd.

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