Date: May 22, 2011
Mr. Manoj Bahadur Shrestha, Chairman of Himalayan Bank Limited (HBL) inaugurated Bank's Kawasoti Branch amidst a function. This is the 35th Branch of the Bank. Local business men, other distinguished dignitaries, Board Members and Senior Executives of the Bank were present at the inauguration function.
Addressing the function, Mr. Shrestha highlighted the current activities and achievements of the Bank during the first nine months of the current fiscal year. According to him, deposit base of the Bank has reached to the size of Rs. 39.63 Billion and loan portfolio is over Rs. 32.61 Billion.
Mr. Shrestha stated that Kawasoti Branch will provide all modern banking products and services to the inhabitants of Kawasoti and its surrounding areas. It will offer special deposit & credit products to the enthusiastic entrepreneurs at reasonable interest rate/charges for boosting the business activities and economic prosperity of the region.
At present Bank is operating 35 branches and 55 ATM booths.