Kathmandu, July 12
Laxmi Bank has
opened its 131st Branch in Mahendranagar, Ward No. 5 of Kshireshwor Municipality
of Dhanusha district.
Located at Kshireshwor
main chowk, the branch can offer full range of retail banking services
including small businesses.
With the branch
in Mahendranagar, the bank network increased to 131 branches
across 48 districts, five hospital service counters, six extension
counters, 160 ATMs, 2,500 remittance agents and 61 branchless banking
agents spread across the country.
The bank is
rapidly expanding to newer and underserved markets with the aim of servicing
the growing demand for professional financial services such as innovative
saving accounts, term deposits, home and auto loans, small business loans and
microfinance, it said in a statement on Monday.
In the previous
financial year 2019/20, Laxmi Bank closed with a balance sheet of Rs. 129 billion
including deposits and risk assets of Rs. 100.07 billion and Rs. 89.89 billion
respectively.
Published in The Rising Nepal daily on 13 July 2021.
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