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FBBL Opens Branch in Talchowk

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FBBL Opens Branch in Talchowk
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June 23: Fewa Bikas Bank Limted (FBBL) has opened its branch in Talchowck, Kaski.  The branch was inaugurated by Resham Bahadur Thapa, CEO of the FBBL amid a program held in Kaski. “Customers can get deposit collection and loan distribution services through the branch along with ABBS, locker service, ATM, SMS banking, loan on gold collateral and remittance services,” said Thapa. According to him, the bank will open its branch in Beni, Myagdi soon.

The bank informs of earning Rs 260 million operating profit in the third quarter of current FY. During the period, the bank has collected Rs 10.63 billion in deposit and Rs 9.33 billion in loans. Earlier, Biswa Bikas Bank and Fewa Finance of Pokhara had merged on July 13, 2015 and started the joint transaction in the name of FBBL. Currently the bank is providing its service through 28 branches including the central office.

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