KATHMANDU, Nov 22: Business Universal Development Bank (BUDB) has reported operating profit of Rs 64 million in the first quarter of Fiscal Year 2015/16.
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Issuing a press release, the bank said the operating profit is 208 percent more than the profit that it earned in the corresponding period of previous fiscal year.
According to the bank, its deposit mobilization increased by 26 percent and loan disbursement went up by 28 percent in the first quarter of 2015/16 compared to the same period last year.
