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Civil Bank under NRB’s scrutiny, faltering financial condition puts depositors’ bucks at risk

Kathmandu, 20 July: Have you deposited your hard earned cash in Civil Bank Limited? If so, it is high time that you reconsider relying on the bank and check its financial health before it is too late.

According to Drishti vernacular weekly, Nepal Rastra Bank has prepared an internal report relating to classification of commercial banks across. The classification report clearly exhibits very poor condition in every aspects including the financial health. From the very inception of the bank it has been mired in mismanagement and political influence defying central bank’s periodical directives. The main promoter of the bank-Civil Group’s financial status too has declined.

People’s News Monitoring Service

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