Siddhartha Bank opens three new branches

Published On: December 7, 2017 02:30 AM NPT By: Republica  | @RepublicaNepal

KATHMANDU, Dec 7: Siddhartha Bank Limited has opened new branch offices at Battar of Nuwakot, Charikot of Dolakha and Baglung Bazar of Baglung.

Issuing a statement, the commercial bank said that the new branch office came into operation from Wednesday itself. "We are hopeful that these branch offices will benefit large number of customers residing in Battar, Charikot and Baglung," the bank added in the statement. With these new branch offices, the number of branches in the bank's network has reached 80. Similarly, the bank has three extension counters, 103 ATM outlets, 99 branchless banking locations and more than 600 POS machines.

The bank has a deposit portfolio of Rs. 78.46 billion and loan portfolio of Rs. 71.78 billion as at mid-November, according to the statement.

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