GBBL And TAN Sign Pact For Concessional Loans: Boosting Trekking Agency Finances

Garima Bikas Bank Limited (GBBL) and the Trekking Agency Association of Nepal (TAN) have entered into an agreement aimed at providing concessional services in various loan categories offered by the bank to TAN member organizations.

The agreement was signed by GBBL's Chief Executive Officer Govinda Prasad Dhakal and TAN's President Nilhari Bastola.

Under this agreement, GBBL will offer Garima Simple SME periodic loans up to Rs. 50 lakhs and overdraft loans with subsidized interest rates of up to Rs. 5 lakhs.

It is anticipated that these services will support the business activities of TAN members, who can approach any branch office of the bank to access these services. TAN has also pledged to promote Garima Bikas Bank as their preferred banking partner following this agreement.

GBBL, headquartered in Lazimpat, Kathmandu, operates 123 branch offices, 1 extension counter, and 51 ATMs across Nepal, including 22 in the Kathmandu Valley.