Siddhartha Bank opens branch at Banepa

Siddhartha Bank has established a new branch at Banepa Bazaar of Banepa. The branch came into operation from December 17, according to a press note from the bank. The bank shall offer a wide array of banking products and services from this branch, which is expected to benefit large number of customers residing in Banepa, it reads.
With the opening of this branch, the bank’s network throughout the country reaches 81 branches, 3 extension counters, 104 ATMs, 99 branchless banking locations and more than 650 Point of sales (PoS) machines. According to the unaudited financial results as of Mangsir of the fiscal year 2074/75, the bank has recorded a deposit portfolio of Rs 82.15 billion and a loan portfolio of Rs 73.80 billion.