Kathmandu,
Nov. 6
Nepal
Clearing House Ltd. (NCHL) is awarded with 'Certificate of Merit' for 2018.
The
company has won it in the category Public Sector Entities under ‘SAFA Best
Presented Annual Report Awards’.
The
award is conferred on the basis of the evaluation administered by South Asian
Federation of Accountants (SAFA) committee for improvement in transparency, accountability
and Governance, of the published annual reports from South Asian Countries.
The
award will be distributed by SAFA at a ceremony on 30th November 2019 in Dhaka,
Bangaladesh.
The
NCHL’s annual report and disclosures was earlier recognised by the Institutes
of Chartered Accountants of Nepal (ICAN) for BPA award in Nepal as the 1st
runner-up.
The
annual report was forwarded to SAFA by ICAN for the award evaluation within the
SAARC region.
NCHL
said that it had considered the award as the recognition of its efforts being
made within the industry and the demonstrated commitment towards the financial
disclosures and transparencies.
NCHL
is a public limited company promoted by Nepal Rastra Bank, banks and financial
institutions and Smart Choice Technologies Ltd. for establishing multiple
national payment systems in Nepal.
It
is operating NCHL-ECC, NCHL-IPS and connectIPS e-Payment systems.
Published in The Rising Nepal daily on 7 November 2019.
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