Machchhapuchchhre Bank brings USD 10 M from MASHREQ BANK of Dubai to float as investable fund; bank aims to ease liquidity shortage with newly acquired foreign investment

Tue, Feb 4, 2020 10:53 PM on Corporate, Latest,

Machhapuchchhre Bank has brought in USD 10 M i.e. more than Rs 1 arba from the MASHREQ BANK of Dubai into the Nepalese market.

The bank after receiving permission from the NRB brought the big amount to disburse as the investable fund in the Nepalese market following the growing shortage of the fund in the market, as per the media statement.