NIC ASIA Bank is pleased to announce the formal inauguration of 2 branches outside the valley at Waling and Damauli, jointly inaugurated by Board Director Binod Kumar Pyakhurel and CEO Sashin Joshi.

NIC ASIA Bank now has one of the largest multi-channel delivery networks in Nepal with 66 branches, 61 ATMs, a Call Center and Internet banking (www.nicasiabank.com).

According to Neetika Ghimire, corporate communication, in spite of the extremely challenging market conditions, the Bank posted an operating profit of Rs. 1.48 billion in 2013-14, with a Net Profit of Rs. 815 million resulting in 39% growth in Operating profit and 27% growth in Net Profit.