Bank of Kathmandu join hands with Kumari Bank for financing 9.94 MW Kabeli B cascade project; Rs 1.97 arba worth project in east Nepal to enter construction phase soon

Thu, Jan 30, 2020 10:03 AM on Corporate, Featured,

Bank of Kathmandu has entered into a financing agreement with Arun Valley Hydro Development Company for the loan investment in Kabeli B cascade project on Magh 15, 2076.

The hydro project will have a capacity of 9.94 MW which is expected to cost Rs 1.97 arba where Kumari Bank has also stood as the consortium partner with the BoK, as per the media statement.

Bank of Kathmandu currently has 87 branches, 78 ATM booths and 10 extension counters under its network.