June 16: Nepal Investment Bank Limited (NIBL) has opened an extension counter near the Upper Karnali Hydropower Project area in Daba of Dailekh district.
The bank is started operation of the extension counter from June 15 after GMR, the developer of the hydroelectric project, made preparations to distribute compensation related to land acquisition to the locals affected by the development of the project.
Krishna Raj Joshi, Branch Manager of the bank in Surkhet inaugurated the extension counter. According to the bank, customers will have access to all financial services in addition to loan facility from the counter. The extension counter was opened due to legal provision of distributing compensation to locals only through the bank account, informed Joshi.
Meanwhile, the bank has also opened two branches in far-western region on 15th June. The branches are located at Dipayal of Doti and Mangalsen of Achham.
The bank said that the branches will make it easy to conduct financial transactions for the local residents. Currently, the bank is providing financial services from 49 branches, 2 extension counters, 83 ATM outlets and 57 branchless banking throughout the country.