Laxmi Bank opens another branch in Teku

Laxmi Bank has opened its 8th branch at Teku on Wednesday. This is the bank's 3rd branch inside Kathmandu valley.

Teku branch is located within the premises of National Trading Limited.

"Although we are known as a technologically driven Bank and actively promote the usage of remote banking channels such as internet and SMS banking, we are also continuing to increase our distribution footprints to augment our suites of products and services with increased customer base as part of our "bricks and clicks" strategy," said Suman Joshi, Chief Executive Officer, Laxmi Bank.

Apart from normal branch banking services, Teku will also host the bank's workforce remittance centre. Laxmi Bank is a major player in the workforce remittance area and is focusing on the Gulf and South East Asia markets.

The bank, established in April 2002 has recently been awarded with the prestigious "Best Presented Accounts" for the second year in running by the Institution of Chartered Accountants of Nepal. nepalnews.com ia Dec 07 06