Om Opens Arghau Branch

December 5: Om Development Bank, headquartered at Pokhara, has started a branch at Arghau Chowk of Lekhnath-3, Kaski. The bank having 25 branches at present is preparing to start a branch in Kalanki and Baudha of Kathmandu, Jomsom, Galyang, Butwal and Lakeside, informed Viswo Mohan Adhikari, CEO of the bank.

"After the opening of the branches, the bank will have a total of 32 branches which will further expand to 42 after the merger with Manaslu," said Buddi Malla, Assistance CEO of the bank. Malla also informed of distributing 29.20 per cent dividend from the distributable income of the last FY.