With the Bank of Bhutan Limited’s (BoBL) latest branch opening, people of Gasa can now forgo the downhill travel to Punakha to avail banking services.
With this the BoB has reached services to every Dzongkhag. For added convenience, an ATM machine has also been installed.
Chief executive officer Passang Tshering said “The presence of BoBL in all Dzongkhags is in line with our commitment to support the overall socioeconomic development of the country in general and of each Dzongkhag in particular. In line with the financial inclusion policy and the economic development policy, we will continue to take banking closer to communities despite prohibitive costs of expanding infrastructure and operational costs.”
With the branch at Gasa, BoBL has a network of 28 branches, 12 extension counters and 47 ATMs across the country.
Within an hour of the inauguration 13 new accounts were opened in the branch by the locals and officials, while the number of new accounts is increasing by the day.
The Royal Monetary Authority (RMA) Governor Daw Tenzin inaugurated the branch in the presence of BoBL chairman Dasho Karma W. Penjor, Board of Directors, Gasa Dzongda, Lam Neten and the Dzongkhag business community.
The RMA Governor also inaugurated Royal Insurance Corporation of Bhutan Limited’s (RICBL) Gasa branch on the same day.