NMB Bank Reports 27.11% Growth in First-Quarter Net Profit

Nepal’s NMB Bank reported first-quarter net profit of Rs 1.16 billion, up 27.11% from Rs 916 million in the corresponding period a year earlier, according to results reported on 1 November. The bank’s impairment charges also declined by 29.66%. This performance creates opportunities for banking analysts, financial advisers and institutional investors. HPC can support financial-market research, investment analysis and corporate advisory partnerships.

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