Jyoti Bikas Bank begins joint operation after acquisition of Hamro Bikas Bank; Rs 3.10 arba of paid up capital after acquisition makes JBBL the biggest among all development banks

Sun, Mar 31, 2019 12:38 PM on Corporate, Latest,

Jyoti Bikas Bank and Hamro Bikas Bank have begun joined transaction from Chaitra 15, 2075. The joint operation after the national level development bank acquired Hamro Bikas Bank was inaugurated by Director of Nepal Rastra Bank Mr. Ramji Regmi amid a program. The development bank has also brought into operation its latest ATM terminal at Batar Bazar of Nuwakot.

The event was also attended by chairman of the development bank Mr. Hari Chandra Khadka, former chairman of Hamro Bikas Bank Mr. Hari Prashad, CEO of Jyoti Bikas Bank Mr. Manoj Kumar Gyawali, CEO of then Hamro Bikas Bank Mr. Parash Raj Kandel, CDO of Nuwakot district Mr. Uddhav Bahadur Thapa, coordinator of district coordination committee Mr. Shantaman Tamang, chief of Bidur Nagarpalika Ms. Sanju Pandit among others.

After the joint operation, Jyoti Bikas Bank now provides its services to more than 2.40 lakh customers through 95 branches, 23 ATM terminals and 2 extension counters all over the nation. The bank now has a paid up capital of Rs 3.10 arba making the bank the largest one among the national level development bank in terms of paid up capital.