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Home Prime News

NBI, Muktinath sign MoU to promote financial literacy via NBI App

CEO TAB by CEO TAB
April 10, 2019
in Prime News
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NBI, Muktinath sign MoU to promote financial literacy via NBI App
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Kathmandu,April 9: National Banking Institute Ltd. (NBI) and Muktinath Bikash  Bank Ltd. have signed a MoU on Monday (April 8) whereby the two would be promoting the Financial Literacy Program to reach out to the larger masses taking advantage of branch networks of Muktinath Bikash Bank spread throughout the country and recently developed Financial Literacy NBI App. AGM of National Banking Institute Ltd. Dhan Thapa and CEO of Muktinath Bikash Bank Limited Pradyuman Pokharel signed in the MoU.

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In line with the MoU signed, National Banking Institute Ltd. would provide all the information about its latest NBI App with regard to its structure and features to the designated staff members of Muktinath Bikash  Bank. The bank shall educate all its staff and disseminate information about NBI App to their customers to support Financial Literacy awareness program to spread further at a greater pace than would have been possible. Further, the bank shall use NBI App to facilitate execution of financial literacy program to Women Group, farmers, families dependent on inward remittance for livelihood and students. If the need be, NBI shall manage all the logistics of the bank’s Financial Literacy Awareness Program at a very specially discounted investment of the bank.

The two organizations coming together for the same noble objective promoting Financial Literacy Awareness will create rippling synergy in raising awareness about the importance of savings and channelizing of savings towards entrepreneurial activities. The use of NBI App, equipped with all the necessary materials of financial literacy is expected to bring paradigm shift in the dissemination of Financial Literacy Awareness in the country.

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