Century Commercial Bank signs credit risk mitigation agreement with Deposit and Credit Security Fund; aims to provide more proactive credit facilities to small and micro level business

Century Commercial Bank has signed an agreement with Deposit and Credit Security Fund on Chaitra 4, 2075. The agreement is related to providing security to the different credit lines that the bank offers as per the subsidized loan scheme of the Nepal Government. The MoU was signed by CEO of the bank Mr. Tulsiram Gautam and his counterpart in the security fund Mr. Bishnu Babu Mishra.

With this agreement, the bank expects to provide more proactive credit facilities to small and micro scale business as well as to economically poor section of the society, as per the media statement.

The bank currently has 111 branches, 8 extension counters and 13 branchless banking units all over Nepal.