Siddhartha Bank expands at Baglung Bazaar

Siddhartha Bank has formally inaugurated its branch at Baglung Bazaar of Baglung onMagh 22, 2074. The branch was jointly inaugurated by Mr. Nirman Kumar Shrestha, Executive Committee Member of Federation of Nepalese Chamber of Commerce and Industry and Mr. Jayaram Bhari, Chairman of Baglung Chamber of Commerce and Industry. The Bank has been providing wide range of banking products and services from this branch, which has eventually benefited a large number of customers residing in Baglung.
Currently, the Bank serves its customers through 92 branches, 3 extension counters, 99 branchless banking locations, 105 ATMs, and more than 650 POS machines.
As per the unaudited financial results as at Poush of fiscal year 2074/75, the Bank has recorded a deposit portfolio of Rs. 85.57 arba and a loan portfolio of Rs. 76.95 arba. The bank has recorded net profit of 77 crore during the same period.
