KATHMANDU, FEBRUARY 18
Laxmi Bank Ltd. has expanded its footprint with the inauguration of its 11th extension counter at Jhulneta of Tribeni Rural Municipality-3 in Rukum West.
With the addition of this extension counter, Laxmi Bank network now, includes 141 Branches, 11 Extension Counters, 5 Hospital Counters, 172 ATMs, 2500 remittance agents, and 63 Branchless Banking Agents spread across 50 districts in the country.
The bank is rapidly expanding to new and underserved markets with the aim of providing quality services to fulfil the growing demand for professional financial services such as innovative saving accounts, Term Deposits, Home and Auto Loans, Small Business Loans, Microfinance, etc.
The Bank actively promotes digital channels such as internet and mobile banking to complement the growing number of branches as part of the 'bricks and clicks' strategy allowing customers to reach us through a channel of their choice: branches, ATM, internet and mobile phones.
The Bank, established in 2002, closed the previous financial year 2020/21 with a balance sheet size of Rs 152 billion that includes deposits and risk assets of Rs 117 billion and Rs 108 billion respectively. All key financial indicators of the Bank are well within prudential and regulatory norms.