February 9: NMB Bank Ltd has signed separate agreements with Nepal Haatey Kagaz Uddhami Sangh (NHKUS), Rastriya Allo Uddhami Sangh Nepal (RAUSN) and Nepal Udhyamshil Mahila Mahasangh (NUMM) to facilitate the members of the associations.
According to the bank, this initiative aims at cooperation on a broad level of activities ranging from capacity development, financial advisory, account opening and credit facilities for the members of signatory associations.
The bank said in a statement that the agreements were signed at a recent ceremony held at Hotel Yak and Yeti.
The MOUs were signed by CEO of the bank Sunil KC and Narendra Bahadur Saud, chairman of NHKUS; Buddhi Purja Magar, chairman of RAUSN; and Devika Budathoki, chairperson of NUMM.
NHKUS, RAUSN and NUMM are organizations that support indigenous goods producers and industries thereby supporting employment generation and long term sustainable growth of the local population and the economy at large.
Speaking at the signing ceremony, Chairman of NMB Bank Pawan Kumar Golyan remarked, “NMB Bank believes that value based banking and sustainable banking are intrinsic to foster domestic export potential while enhancing domestic production and job creation. This initiative between our organizations will result in greater synergy and allow us to serve the members of the NHKUS, RAUSN and NUMM for mutual benefit alongside providing benefits to the national economy.”