Mega Bank inks MoU with Neco Energy Solutions to promote SME sector; to provides subsidized credit facility to small electric vehicle operators for public transportation

Mega Bank has signed an MoU with Neco Energy Solution Pvt. Ltd. With an aim to promote the SME sector of the nation.

The MoU was signed between Deputy CEO of the bank Ms. Rabina Deshraj Shrestha and MD of Neco Energy Solutions Mr. Milan Kumar Paudel amid a program.

With this latest agreement, the bank will extend subsidized credit facility to the small level electric vehicle owners in order to empower these entrepreneurs working in the public transportation sector following the recommendation from Neco Energy Solutions and will also help these people get connected with digital banking platform by promoting its QR code-based payment, as per the media statement.