Mega Bank Celebrates 2 nd Anniversary


July 29, 2012, 5:45 p.m. Published in Magazine Issue: Vol.: 06 No-. 04 July 27-2012 (Shrawan 12,2069)<br>

Mega Bank Nepal Limited, which according to its CEO Anil Shah, came into existence with the vision of becoming the Bank for every Nepali, celebrated its 2nd Anniversary to mark the successful completion of two years of its operation recently.

In the path of achieving its goal, the Bank has accumulated numerous achievements since its commencement of operations on 7th Shrawan 2067. The Bank has been successful in opening 28 branches, ranging from the East to the West of Nepal while continuing its activities to extend hi-tech banking services to cater to the rural populace of the country.

“The fact that we have a customer base of around 73 thousand within 2 years, among which around 43 thousand was added during the past fiscal year, is a clear demonstration of the Bank's commitment to growing business and as well as the trust the Bank has earned across the nation," said Anil Keshary Shah, Chief Executive Officer of the Bank.

During the fiscal year 2011/12 the Bank has grown its deposit base by around Rs. 4 billion to reach Rs. 9.2 billion, and enhanced its loans & advances by Rs. 3.2 billion to reach Rs. 8 billion, according to Shah.

“We have been successful in generating profit since the initial year of inception, ” stated the Chairman of the Bank Prof. Dr. Madan Kumar Dahal.

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