athmandu, March 29 : Civil Bank Ltd. and National Banking Institute Ltd. (NBI) have signed a MoU whereby the two would be promoting the Financial Literacy Program to reach out to the larger masses taking advantage of branch networks of Civil Bank spread throughout the country and recently developed Financial Literacy NBI App.
Chief Executive Officer of Civil Bank Limited Govinda Gurung and Chief Executive Officer of NBI, Sanjib Subba inked the MoU on March 28 (Thursday)
As per the MoU, NBI would provide all the information about its latest NBI App with regard to its structure and features to the designated staff members of Civil 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 coming together of the two organizations for the same noble objective of promoting Financial Literacy Awareness will create rippling synergy in raising awareness about the importance of savings and channelizing of savings towards entrepreneurial activities, it is said. 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.
