Civil Bank Limited has brought its corporate social responsibility program with the slogan "सुरक्षित दशैँ मनाऔं" on the occasion of this year's Dashain 2078.

The bank will distribute face masks and sanitizers in the temple premises of Taleju Bhawani, Kaal Bhairav, Naradevi, and Kankeshwari Ajima Devi in ​​Kathmandu considering the possibility of increased corona infection in the temples of devotees on the ninth day of Bada Dashain.

Sunil Pokharel, Chief Executive Officer of Civil Bank said “This will help reduce the risk of corona infection among the devotees in Bada Dashain".

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In the financial year 2077/78, Civil Bank's investments in loans and credits have seen remarkable growth. 

Since the end of last Chaitra Civil Bank's deposit has increased by 61.96% and loan flow has increased by 54.67%.

By the end of the review period, the bank has made  Rs 87.89 billion in deposit collection and invested Rs 81.44 billion in loan circulation. 

Last year within the same period the bank has collected Rs 54.26 billion in deposits and circulated Rs 52.65 on loans. 

In the current financial year, Civil Bank has increased the amount in deposits by Rs 27.76 which compared to the deposits until the end of Ashadh is 46% more.

Compared to other commercial banks in deposits increase rate, Civil Bank scores the 7th place and in the 1st position by percentage. 

Similarly, the bank increased its loan distribution by Rs 27.62 billion, which compared with the amount till the end of Ashadh is higher by 51%.

Civil Bank's increase in loans compared with other commercial banks puts it in 10th position and on the 1st position in increase percentage. 

By the end of the third quarter, the number of bank's customers reached 5,41,982, which is 24.76 % higher than the last year.

Last year by this period number of bank's customer was 4,42,442.

In the third quarter so far Civil Bank has made some comprehensive improvements in the bad loan ratio. 

According to the bank's financial description of the third quarter in the review period bank has been able to cut out the bad loan ratio by 61.81%.

In the same period, last year bank's bad loan ratio was 2.96 % which has been reduced to 1.13 %. 

Until the review period bank has made a profit of Rs 50,25,000,00, which is 39.39 % higher than last year. 

Civil Bank has opened its 115th branch in Mahendranagar, Kanchanpur district.

The branch was inaugurated by Bhim Dutta Municipality Mayor Surendra Bista. The number of participants in the inauguration ceremony was reduced in view of the recent outbreak of the Covid-19.

According to the bank, 115 branches across Nepal are committed to providing quality services and Civil Bank has been offering higher interest rates than the ones offered in the market in the face of the current global coronavirus epidemic.

The bank has so far provided all banking services and facilities to around 600,000 customers through 115 branches, 10 extension counters, and 86 ATMs, mobilised around Rs 92 billion in deposits, and invested over Rs 85 billion in loans. 

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