Saturday, December 9, 2023

NBL, Exim Bank sign agreement

Kathmandu, Dec. 5

Nepal Bank Limited (NBL) has signed an agreement with the Exim Bank of India to support trade activities related with India by providing loans and guarantees.

The agreement, signed on November 7 this year, aims to fill the market gaps of trade finance, the bank said in a statement on Tuesday.

NBL is also the first government-run bank to be a partner of the Exim Bank, to support the import transactions with India. "The signing comes after exhaustive discussions with the senior management of both banks in the areas of Nepal Bank’s financials, governance, risk and compliance and ongoing trade transactions between the two countries," read the statement.

“We are delighted to have a trade agreement with the EXIM Bank India, and look forward to utilise the programme in supporting the trade activities of our customers. We further plan to explore the key areas of collaboration with the Exim Bank," said Samata Pant, Acting Chief Executive Officer of the bank.

Published in The Rising Nepal daily on 6 December 2023. 

1 comment:


  1. Recording success in Cryptocurrency, Bitcoin is not just buying and holding till when bitcoin sky-rocks, this has been longed abolished by intelligent traders ,mostly now that bitcoin bull is still controlling the market after successfully defended the $60,000 support level once again and this is likely to trigger a possible move towards $100,000 resistance area However , it's is best advice you find a working strategy by hub/daily signals that works well in other to accumulate and grow a very strong portfolio ahead. I have been trading with Mr Bernie doran daily signals and strategy, on his platform, and his guidance makes trading less stressful and more profit despite the recent fluctuations. I was able to easily increase my portfolio in just 1week of trading with his daily signals, growing my $3000 to $25,000 Mr Bernie’s daily signals are very accurate and yields a great positive return on investment. I really enjoy trading with him and I'm still trading with him, He is available to give assistance to anyone who love crypto trading and beginners in bitcoin investment ,he can also help you recover your lost funds I would suggest you contact him on WhatsApp : + 1424(285)-0682 , Gmail : (BERNIEDORANSIGNALS@GMAIL.COM) or Telegram : @IEBINARYFX for inquiries

    ReplyDelete

Featured Story

Govt prepares primary draft of DRR Policy

Kathmandu, Apr. 29: The government has prepared the preliminary report of the National Disaster Risk Reduction (DRR) Policy and Strategic ...