May 3: The Pokhara- based Garima Bikash Bank has brought its new branch into operation. The branch has been opened at Burtibang of Baglung. Shiva Nath Pandey, Executive Director and Head of Banks and Financial Institution Regulation Department of Nepal Rastra Bank formally inaugurated the new branch.
Currently, the bank has paid up capital of Rs 850.32 million. With this the number of branches of Garima Bikas Bank has reached 25, according to the press statement by the bank. The bank till date has made loan investment of 7.20 billion and collected 7.85 billion in deposits.
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