Om Dev. Bank opens branch in Jomsom, Mustang

Om Development Bank Limited has opened new branch in Jomsom, Mustang on Mangsir 24, 2073. Shivanath Pandey, Executive Director of Nepal Rastra bank inaugurated the newly opened branch office. Issuing a press statement it stated that the number of branches with this newly opened branch has reached to 26. ‘The development bank is working out to add 6 more branches.’ said Bishwo Mohan Adhikari, CEO of Om Development Bank. The bank is in the merger process with Manaslu Bikas Bank and after merger the number of branches will reach to 42, added CEO Adhikari. Nepal Rastra Bank has approved the company’s 29.20% bonus share. The development bank has collected 12.32 arba in deposits and mobilized loan of Rs 10.78 arba till Ashwin, 2073.