December 2: Civil Bank has signed an agreement with Helvatas, a Swiss development organisation, to promote agriculture and banking sector of the country by modernizing and expanding their market.
The bank’s CEO Govinda Gurung and Dr Bharat Kumar Pokharel, country director of Helvatas, Nepal signed the agreement. According to the agreement, both institutions will help Province 2 and Karnali Province have access to financial services and agricultural training programme at local levels.
Following the agreement, Helvetas, Nepal will be engaged in managing market for agriculture by providing technical training to farmers of both provinces while the bank will be providing branchless banking services in the provinces and launching financial literacy programmes.
Gurung shared that the bank will be providing easy loan to the local farmers in commercializing the agriculture sector. Likewise, Pokharel also said the purpose of collaboration with the bank is to promote self-employment utilizing the local resources.