Guheswori Merchant Banking and Finance opens new branch in Birgunj

ShareSansar, March 29:

Guheswori Merchant Banking and Finance Limited has opened its 3rd branch in Adarshanagar, Birgunj on Chaitra 15. The company is also planning to open additional branches in Charali, Birtamod.

Guheswori’s paid up capital stands at Rs 25.54 crore. While it has mobilized deposits of Rs 1 arba 20 crore, its total loans and advances stood at Rs 1 arba 11 crore.  The finance company reported a net profit of Rs 3 crore 80 lakhs and has Rs 5 crore in reserve.

The company’s head office is located at Harihar Bhawan, Lalitpur and its existing branches are located in Chabahil, Chuchhepati and Kanti Rajpath, and Hetauda. The newly established branch of the finance company has services like ATM, sms banking services, internet banking and remittance services to the customer.