KATHMANDU, Nov 19: Century Commercial Bank Limited has reported 41 percent rise in profit in the first quarter of Fiscal Year 2015/16 compared to the corresponding period of last fiscal year. The bank reported profit of Rs 74.22 million in the quarter ending mid-October compared to Rs 52.5 million in the same period of last fiscal year.
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The bank's total deposits mobilization and loan disbursement stood at Rs 25.3 billion and Rs 21.32 billion, respectively, at the end of first quarter, according to a press release issued by the bank.
