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Siddhartha Bank formally opens its branch in Beni

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Siddhartha Bank formally opens its branch in Beni
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February 5: Siddhartha Bank has formally inaugurated its branch at Beni Bazaar of Beni on Sunday, February 4. The branch was jointly inaugurated by Hari Kumar Shrestha, mayor of Beni Municipality and Uttam Kumar Karmacharya, president of Myagdi Chamber of Commerce and Industry. Issuing a press statement, the bank said it has been providing wide range of banking services from this branch, which has benefitted a large number of customers residing in Beni.

Currently, the bank serves its customers through 92 branches, three extension counters, 99 branchless banking locations, 105 ATMs, and more than 650 POS machines.

As per the unaudited financial report of the first six months of the current fiscal year, the bank has recorded a deposit portfolio of Rs 85.57 billion and a loan portfolio of Rs 76.95 billion, according to the bank. The bank has recorded net profit of Rs 770 million during the same period.

 

 

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