Gorkha Development Bank (Nepal) opened its 12th branch at Shankhadhar Chowk of Madhyapur Thimi Municipality on Thursday. DB Bamjan, chairman of the bank, inaugurated the new branch, states a press release issued by the bank.
The bank has the total paid-up capital of Rs 600 million. The bank´s total deposit has reached Rs 3.36 billion till the end of the fiscal year 2008/09. Likewise, the bank´s total investment and loan disbursement stood at Rs 100 million and Rs 3.4 billion respectively during the period. The bank earned a net profit of Rs 50 million in the fiscal year.
The bank has been providing modern banking services including SMS Banking, Online Banking, ATM Services and Any Branch Banking Service.
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