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Everest Bank opens 33rd branch<br/>SBI reaches Itahari

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KATHMANDU, Aug 7: Everest Bank has opened its 33rd branch in Tulsipur, Dang. Dipendra Kumar Khatri, president of Tulsipur Chamber of Commerce inaugurated the branch amidst a function on Friday, according to press statement issued by the bank. [break]



The bank currently is providing banking services through 58 points, including 33 branches, 5 revenue collection counters, 20 authorized representatives in VDCs through ´Everest Ghar-Dailo Banking Sewa´, a branch-less banking system. The bank also has 29 ATM counters. Everest Bank debit card also has access to more than 305 ATMs in Nepal and more than 2,000 ATM locations in India.



As a part of its expansion strategy, the bank plans to open branches at Maitidevi and Thamel in the near future and extend ´Everest Ghar Dailo Banking Sewa´ to Tarai branches as well.





SBI reaches Itahari



KATHMANDU, Aug 7: Nepal SBI Bank has extended its reach to Itahari by opening a branch there. The new branch was inaugurated by Bal Krishna Shrestha, chairman of the bank, on Friday, says a press statement issued by the bank.



“The bank has kept extending branches to several parts of the country in its priority list and is making endeavors to meet this goal,” states the release.



In the meantime, Shreshta also inaugurated an automated teller machine (ATM) in Biratnagar. The bank has installed 26 ATMs across the country so far.





Citizens Bank in Dhangadhi



KATHMANDU, Aug 7: Citizens Bank has opened its 12th branch in Dhangadhi. The branch was inaugurated by Bal Krishna Prasai, one of the promoters of the bank, on Friday, according to a press statement issued by the bank.



The bank is now planning to open more branch offices in Kalanki, Thahiti, Naya Bazar and Maitidevi of Kathmandu and Birtamod in Jhapa.



The bank had made an operating profit of Rs 184.5 million in the last fiscal year. It had collected Rs 11.52 billion and extended Rs 8.21 billion in loans in that year.



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