Mega Bank and Mega Capital to support establishment and growth of local garment manufacturers in Nepal; ink 3 party agreement with garment manufacturer association

Mega Bank, Mega Capital, and Nepal Garment Association have entered into a three-party agreement to provide affordable credit facility and other business expansion related services to the garment manufacturers of Nepal.

The MoU was signed between the head of the MSME loan department of the bank Mr. Janak Bhattarai, CEO of Mega Capital Mr. Sabir Bade Shrestha, and chair of the garment association Mr. Kishor Nepal amid a program.

Besides Mega Bank providing affordable credit facilities, Mega Capital will help in establishing the garment production-related business and to procure loans with the necessary documentation, as per the media statement.