Gorkha Development Bank in Thimi<br/>Guheshwari Finance opens two branches

KATHMANDU, Oct 15: Gorkha Development Bank (Nepal) opened its 12th branch at Shankhadhar Chowk of Madhyapur Thimi Municipality on Thursday. DB Bamjan, chairman of the bank, inaugurated the new branch, states a press release issued by the bank. [break]



The bank has the total paid-up capital of Rs 600 million. The bank´s total deposit has reached Rs 3.36 billion till the end of the fiscal year 2008/09. Likewise, the bank´s total investment and loan disbursement stood at Rs 100 million and Rs 3.4 billion respectively during the period. The bank earned a net profit of Rs 50 million in the fiscal year.



The bank has been providing modern banking services including SMS Banking, Online Banking, ATM Services and Any Branch Banking Service.



Guheshwari Finance opens two branches


KATHMANDU, Oct 15: Guheshwari Merchant Banking and Finance opened its second and third branches at Kantipath in Hetauda and Chuchchepati in Kathmandu.



The financial institution has so far collected deposit amounting to Rs 720.8 million and disbursed loan amounting to Rs 693.9 million. It earned a profit of Rs 8.8 million.

Related story

Nabil Bank opens five new branches