Laxmi Bank opens branchesin Burtibang and Galyang

Published On: September 15, 2016 09:21 PM NPT By: Republica  | @RepublicaNepal

KATHMANDU, Sept 15: Laxmi Bank has added two more branch offices in the western region -- at Burtibang (Baglung) and Galyang (Syangja). Issuing a statement on Thursday, the bank stated that it now has 54 branch offices, two extension counters and 73 ATM terminals across the country.

"Burtibang and Galyang are both underserved markets in terms of bank branches. The bank is pleased to play a small part in Nepal Rastra Bank's efforts to expand access to finance in the rural parts of the country," it said, adding, "Although providing reliable banking services is challenging in such areas, especially due to weak infrastructure, the bank believes that both the markets offer long term prospects and are strategic fit to our goal of expanding our retail business and footprint.

The bank will offer a full range of personal, small business and microfinance solutions through these branches, including ATM services."

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