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NWP Development Bank doing well

Kurunegala:

 In 2004, the Wayamba Sanvardana Bankuve (the North Western Provincial Development Bank) earned a profit of Rs. 204 million, an official report indicates.

There are nearly Rs. 3000 million worth deposits in the thirty-six branches of the bank.

The report further indicates that over 100,000 individuals and organizations were assisted with loan facilities.

It is expected to increase deposits by atleast Rs. 750 million this year.

The North Western Provincial Development Bank has now become a partner organization of the government’s rural development programme titled ‘Gemi Pubuduva’ by launching a separate project for ‘Samurdhi’ beneficiaries, according to the report.

Also it has set up a special unit for monitoring and regulating national development activities under its purview at the grass-roots level.

 

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