Tourism Development Bank starts joint operation after acquiring Matribhumi and Kalinchowk Dev Bank
Tourism Development Bank has started joint operation after the acquisition of Matribhumi Bikas Bank and Kalinkchowk Development Bank from Poush 24, 2073.
Issuing a press statement, the development bank said that the joint transaction was inaugurated by the bank’s chairman, Dr. Pushpa Raj Kandel, amidst a program. The inauguration ceremony was organized under the presence of directors, chairmen, chief executive officers and promoter shareholders from all three development banks.
After the acquisition, the paid up capital of the Tourism Development Bank has reached Rs 91.97 crore. The deposit base has reached Rs 10.50 arba, and the bank has floated loans worth Rs 9.20 arba. The development bank now provides services to almost 1 lakh customers from 22 branches, 1 extension counter, and 12 ATM centers.