MoU Signed between NMB Bank Ltd. And Federation of Nepal Cottage & Small Industries
06 Dec, 2018
NMB Bank signs MOU with Federation of Nepal Cottage & Small Industries (FNCSI)
NMB Bank and Federation of Nepal Cottage & Small Industries signed a Memorandum of Understanding to conduct a series of Financial Literacy Programs (FLP). FNCSI shall conduct FLP program among its 45,000 members jointly supported by NMB Bank Ltd. Amongst the 45,000 members of FNCSI 9,000 are women entrepreneurs.
The financial literacy program will focus on aspects of Micro, Small and Medium Sized Enterprises whereby it will guide the participants in securing financial resource for their business and utilizing the resource optimally. The FLP is expected to impart set of skills and knowledge to the participants through which they can take effective financial decisions.
The MOU was signed by Mr. Govind Ghimire, Chief Business Officer, NMB Bank and Mr. Dambar Prasad Regmi, Secretary General, FNCSI. NMB Bank has a Joint Venture Agreement with FMO, The Netherlands, and has been awarded the “The Bank of the Year’ award for two consecutive years – 2017 and 2018. The Bank currently provides services through its 110 branches across the country