Wednesday, July 14, 2021

CAN, JBB to launch joint programme to develop ICT sector

Kathmandu, July 11

Computer Association of Nepal (CAN) Federation and Jyoti Bikas Bank Limited (JBBL) have agreed to cooperate in the development of information and communication technology (ICT) and expansion of digital services across the country.

The two institutions signed a memorandum of understanding (MoU) to launch joint programmes on training, awareness and other events to promote and expand ICT and digital services in various locations in Nepal.

According to the MoU, JBBL will provide small and medium enterprises (SMEs) loan of up to Rs. 1.5 million to the members of the CAN Federation and employees associated with their companies. Likewise, the bank will provide all banking services and facilities in an easy and cost-effective manner.

It will offer women entrepreneurship loan, educational youth self-employment loan and foreign returnee youth loan to the CAN-affiliated institutions and human resources affiliated to them. It will also provide QR code to the member of CAN Federation if they are involved in retail business in the ICT sector.

Vice-president of CAN Federation Ranjit Poddar and Deputy Chief Executive Officer of the bank Paras Raj Kandel have signed the MoU.

The CAN Federation has its presence in seven provinces and 70 districts outside the Kathmandu Valley, and JBBL has 105 branches, one extension counter and 61 ATMs.

Published in The Rising Nepal daily on 12 July 2021. 

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