Inaugurating the branch, its executive chairman Prabhu Prasad Parajuli stated that the new branch was established as a part of the bank´s drive to expand network aimed at providing modern banking facilities to the people in urban as well as rural areas of the region.
Biratlaxmi, which was established about five years ago, has its head office in Biratnagar. The bank has student savings, senior citizens savings, grihalaxmi savings, share transactions savings and special savings accounts, among others, pledging interest return of 6.75 percent interest per annum.
EBL opens Maitidevi branch
KATHMANDU, Aug 10: Everest Bank Limited (EBL) has opened its 34th branch in Maitidevi in its endeavor to provide banking facilities to large and wider sections of the society.
According to a press release, Nagesh Pydah, executive director of Punjab National Bank, India, inaugurated the branch. The bank also installed its 30th ATM in the new branch.
As a part of its expansion strategies, EBL has informed that it also plans to open branches at Thamel in the near future. It also has unveiled a plan to expand “Everest - Ghar Dailo Banking Sewa”, a branchless banking system, to all Tarai branches. The bank believes that the expansion to these locations would serve the middle and lower section of the society.
EBL is presently operating with 34 branches, 5 revenue collection counters and 20 authorized representatives in VDCs through Everest Ghar-Dailo Banking Sewa.
SBI installs ATM in Palpa
KATHMANDU, Aug 10: Nepal SBI Bank Limited has installed an automated teller machine (ATM) in Palpa. The ATM kiosk was inaugurated by Palpa CDO Shambhu Ghimire, states the bank´s press statement issued on Monday.
A total of 26 ATMs of the bank are currently in operation. It is also planning to install 11 more ATMs in Gulmi, Hetauda, Kalanki and Ilam among others.
"The bank has been expanding its ATM network to offer 24 hour banking service to customers," the release stated.
Kist opens 27th branch
KATHMANDU, Aug 10: Kist Bank Limited opened its 27th branch in Janakpur, Dhanusha, on Monday. Kamal Gyawali, managing director of the bank, inaugurated the branch amid a function. The bank now operates with eight branches within the Kathmandu Valley and 19 outside the Valley.
Issuing a press release, the bank said it would soon add 15 more branches to its network. Of them, eight branches will be inside the Valley.
"Going by the latest expansion decision of the bank´s board meeting, the bank aims to increase its branch network to 50 by the end of the current fiscal year," the release quoted Gyawali as saying.
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