August 4: Laxmi Bank inaugurated a new branch in Bhainsepati amid a recent function. The bank said in a statement that the new branch will offer full range of retail banking services including locker service customized to meet the needs of individuals and small businesses.
With the new addition, Laxmi Bank network now includes 111 branches across 48 districts, two extension counters and four hospital service counters, 133ATMs, 2,500 remittance agents and 58 branchless banking agents spread across the country.
According to the bank, it now has 24 branches inside the Kathmandu Valley.
The bank said it has adopted a policy to rapidly expand to newer and underserved markets with the aim of addressing the growing demand for professional financial services such as innovative savings accounts, term deposits, home and auto loans, small business loans, microfinance, insurance among others.