September 16: National Banking Institute Ltd (NBI) and NBM Bank signed a Memorandum of Understanding (MOU)on September 13 for strategic alliance whereby NBI would provide  training programs to the bank for human capital development.

Under this agreement, NMB has committed minimum of Rs 5 million worth training investment during the fiscal year 2075-76 with NBI.

NBI said in a statement that this partnership is expected to further leverage the strategic intervention towards the development of human capital of the bank.

The MOU was signed by Sunil KC, CEO of NMB Bank and Sanjib Subba, CEO of NBI.

“This alliance is expected to be instrumental in the capacity building process and bringing about positive transformation in human capital development in the industry,” the statement said.