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BUSINESS BRIEFS: Siddhartha Dev Bank in Chipledhunga

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KATHMANDU, Feb 9: Siddhartha Development Bank opened its 13th branch at Chipledhunga in Pokhara on Tuesday.



Shekhar Aryal, chairman of the bank, inaugurated the new branch and the new ATM kiosk installed in the branch premises. [break]



Speaking at the inaugural function, Dipendra Karki, general manager of the bank, said the bank would establish itself in a distinct way by providing more services for costumers, the bank said in a statement. The bank also unveiled its two new saving accounts ´Savi Fixed´ and ´Unnati Bachat´.



Aryal said the bank would continue expanding branches in major cities across the country, the statement added.





Laxmi Bank opens two branches



KATHMANDU, Feb 9: Laxmi Bank started operations from its two new branches in Nepalgunj and Butwal on Tuesday.



The new branches will join the bank´s western network, according to a press statement received on Tuesday.



“Both Nepalgunj and Butwal have developed as commercial hubs and Laxmi Bank is positioned to offer full-fledged banking services to all segments of the society -- from businesses to individual households,” according to the bank.



Both branches will offer a full range of banking services such as innovative savings schemes, home loans, life insurance, credit cards, bill payment services and e-banking services through ATM, internet and mobile phones.



Laxmi Bank now operates with a network of 22 branches and 16 ATMs in addition to more than 400 payment agents across the country.



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