Press Release on New Branch Office Operations of Prabhu Bank

December 30, 2018

With the objective of providing simple and easy banking services to the service recipients of various localities formed according to the federal structure, Prabhu Bank has set up a branch in Rurugaunpalika ward no. 4. A new branch office has been opened in Ranibas, Baletaksar from today.

Ruru village municipality of Gulmi district no. Hon'ble Minister for Foreign Affairs Pradip Kumar Gyawaliju inaugurated the Ranibas branch office of Prabhu Bank at a function presided over by Mr. Ashok Sherchanju, Chief Executive Officer of Prabhu Bank Ltd., Ranibas, Baletaksar. Former Chief Secretary to the Government of Nepal and His Excellency Mr. Lilamani Poudelju, Ambassador of Nepal to China and Mr. Nilkantha Gautamju, Chairman of Ruru Village Municipality were the special guests at the inauguration ceremony. The Bank has provided concessional interest rate loans to 5 people under the title of Loan, Women Entrepreneur and Earthquake Victims Loan for the inauguration of Ranibas Branch Office. A large number of people including representatives of various government offices, representatives of various political parties, officials of various chambers of commerce and industry, representatives of various organizations, local social workers, gentlemen, businessmen, businessmen and intellectuals were present at the inauguration program.

The Bank is confident that the local level service recipients, general public, firms, companies and associations will benefit from Prabhu Bank's Gulmi District-based Ranibas branch office, which will be operational from today, and will contribute to the overall economic development of Ruru village.

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Ashok Sherchan
Chief Executive Officer
Date 2075/09/15