Kailash Bikas Bank establishes its 40th branch in Lamahai

Published On: November 13, 2017 07:18 PM NPT

KATHMANDU, Nov 13:  Kailah Bikas Bank has established its 40th branch in Lamahi of Dang started it’s trading from today.  The director of the Bank, Sunil Naryan Shrestha inaugurated the branch in a function.

Bank has reached 40 branches adding this new branch with 20 ATM. The bank has been preparing to conduct additional three branches in Itahari,  Dhangadhi, and Rupharahi in the near future.

The national level bank has the total capital of Rs. 2.29 billion. Nepal Rastra Bank permission for issuing bonus shares at 10 percent rate in the above quota, the payable capital of the organization will reach Rs.2.52 billion.   As per the Bank information, the Bank has collected Rs. 18.47 billion and flow the debt at Rs. 16 billion till today.

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