January 24, 2022, Monday

Nabil Bank enters into agreement to support ‘National Dialogue on Agriculture Financing’

KATHMANDU: Nabil Bank has entered into an agreement with its existing strategic business partner, R&D Innovative Solution Pvt. Ltd.

(R&D) to support the upcoming Krishi Karja Mela, which is being organized for the first time in Nepal in concurrence with the 5th National Agriculture Machinery Exhibition.

Advertisement

This event will be taking place at Chitwan Expo Center, Narayangarh, Chitwan, from January 19 to 22, 2022, with an objective to bring all the stakeholders of the agriculture ecosystemat one place.

Under this agreement, Nabil Bank has collaborated with R&D for the ‘National Dialogue on Agriculture Financin’,

which is one of the major attractions of the Mela that will facilitate an open and constructive discussion between financial institutions, policy-makers, farmers and local governments.

The discussion will be based on practical experiences which will foster a better understanding to address issues related to agro-financing.

Chief of SME & MF Division of Nabil Bank Niraj Kumar Basnet (Danil) and R&D Innovative Solution Chairperson Sunita Nhemaphuki have signed the agreement Monday.

Basnet (Danil) expressed the bank’s excitement towards collaborating for the ‘National Dialogue on Agri Financing’,

“which will provide a platform to all stakeholders of agro industry to discuss the loan application process and procedure of banking institution, problems faced by farmers, gaps in policies, and views of regulators, which shall further add value in revising the policies required to meet the actual need of the real farmers, entrepreneurs and agro–input traders.”

Likewise, R&D Chair Nhemhafuki said, “We believe that this collaboration with Nabil Bank will prove to be a milestone to extend financial access to all agriculture sector.

We are confident that this first of its kind mela will change the face of agriculture.”

Nabil Bank is operating with a wide network with 135 branches, 188 ATMs and more than 1,500 Nabil Remit Agents spread across the country.

With banking experience of more than three decades with a highly trained team and robust/secured banking system, the bank intends for superior service delivery for enhancing value to the customers.