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Home Prime News

Nabil Bank and municipalities in Kavre sign MoU

CEO Tab by CEO Tab
August 29, 2021
in Prime News
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Nabil and Panauti

MoU between Nabil Bank and Panchkhal and Panauti Municipalities of Kavre

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An agreement has been reached between Nabil Bank and Panchkhal and Panauti municipalities of Kavre.

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The agreement has been signed by Deputy Chief Executive Officer Sujit Kumar Shakya on behalf of Nabil Bangkok and Mayor Bhim Neupane on behalf of the municipality and Nabil Bank Bagmati Chief Amit Shrestha and Deputy Mayor Laxmi Danuwar on behalf of the municipality.

The objective of the partnership is to provide various enterprise-related programs/training run by the municipalities at the local level to the entrepreneurs who want to venture into entrepreneurship on the recommendation of the municipality.

Speaking on the occasion, Deputy Chief Executive Officer Sujit Shakya said that the agreement would help in social transformation by developing employment and entrepreneurship in Panauti Municipality and he was eager to hear success stories in the next year.

Similarly, Mayor of Panauti Municipality Bhim Neupane expressed hope that sustainable banking of Nabil Bank would strengthen the lower class farmers and entrepreneurs.

He also urged all to help in the development of the municipality by identifying real farmers and entrepreneurs and taking them to the bank. Speaking at a program organized in Panchkhal, Deputy Mayor Laxmi Danuwar thanked the Panchkhal branch of Nabil bank for making a sustainable banking pilot branch and said that they would work for hand in hand with Nabil Bank for urban development and job creation.

Nabil Bank has stated that it has started sustainable banking on the day of Paddy Day. To support the government’s goal of sustainable development, Nabil has launched a sustainable banking program targeting the poor. Under the program, the bank has started Nabil Kisan Loan and Nabil Entrepreneur Loan.

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