Press Release :

3rd, March, 2007

To celebrate the completion of 6 years of excellence in banking, the staff of Kumari Bank organized a Blood Donation Programme on Chaitra 20th 2063,at its Head Office, Putalisadak Kathmandu.The response to this event was over whelming with 63 staff and clients of the bank donating blood. According to Mr.Rajesh Shrestha- Head Card Department and one of the key organizers to the event announced that this event would be regular feature in the annals of Kumari Bank Limited.

Kumari Bank Limited has been actively involved in social activities and had recently organized a health camp at Sindhupalchok, where a team of 15 doctors and 20 nursing staff provided medical assistance to1800 patient of them 1200 were female.

On this occasion it was also informed that in first 8 months of the current fiscal year, the bank has been able to make remarkable achievements. During this period, the deposit of the bank increased to Rs.1200million, with Loans & Advances at Rs.900million. The operating profits for this period is Rs.160 million.  The Bank also has plans to expand its branch network at Kumaripati (Patan), Durbar Marg, New Bus Park Gongabu (in Kathmandu) and Narayanghat (Chitwan) in the near future.

The bank has recently announced 20% Bonus Share for the fiscal year ended 2062/63.and Cash Dividend of 1.05%.