October 21: Laxmi Bank has expanded its network to 115 branches across the country recently. The bank said in a statement that it inaugurated its 114th branch in Morang’s Rangeli and 115th branch Kapan of Kathmandu.
The bank said these new branches will offer full range of retail banking services including small businesses. With the above new additions, Laxmi Bank network now includes 115 branches across 48 districts, 2 extension counters and 4 hospital service counters, 140 ATMs, 2,500 remittance agents and 64 branchless banking agents spread across the country.
The bank said it is rapidly expanding to newer and underserved markets with the aim of serving the growing demand for professional financial services such as innovative saving accounts, term deposits, home and auto loans, small business loans, microfinance, etc.