The company has a paid-up capital of Rs 704.3 million and deposits worth Rs 2.61 billion. [break]
The company operates with a network of 12 branches and four ATM terminals. It is also providing ABBS facilities to its customers, according to a statement received on Monday.
Siddhartha Dev Bank in Nepalgunj
KATHMANDU, April 12: Siddhartha Development Bank established its new branch in Nepalgunj on Monday.
Bank chairman Sekhar Aryal inaugurated the 16th branch of the bank, according to a press statement issued on Monday.
The bank currently has deposits of Rs 2.78 billion and has issued loans of Rs 2.45 billion. The bank earned a net profit of Rs 35.2 million till mid-January 2010, the statement added.
Related story
Janata Bank, Triveni Dev Bank complete merger
