Nabil Bank Introduces 'Nabil Skilled Migrant Entrepreneurship Loan' to Aid Returning Migrants

Nabil Bank, a leading private sector bank in the nation, has launched the 'Nabil Skilled Migrant Entrepreneurship Loan (NSMEL)' aimed at supporting returning migrants.

The product was officially unveiled by Chief Guest Honurable Minister Sarat Singh Bhandari, Ministry of Labor, Employment, and Social Security, in the presence of key figures including Secretary of the Labour Ministry Kewal Prasad Bhandari and Nabil Bank Chairman Upendra Prasad Poudyal. This initiative is strategically crafted to provide essential financial support to returning migrants and their families, fostering the establishment and growth of their businesses. The goal is to encourage entrepreneurship and income-generating activities.

In the event, Chief Guest Minister Bhandari Urges Returning Youths for Positive Change at Nabil Bank's Product Launch. During the event, Minister Bhandari encouraged returning youths to contribute to positive change. Secretary Kewal Prasad Bhandari commended Nabil Bank's initiative to support returnee migrants. Nabil Bank Chairman Poudyal highlighted the bank's sustainability journey, emphasizing environmental, social, and economic sustainability. CEO Gyanendra Prasad Dhungana emphasized the pivotal role of labor migration in shaping the country's socio-economic landscape.