Nabil Bank to extend affordable loans to farmers and entrepreneurs of Panauti; aims to promote sustainable rural development by empowering local agriculture and small industries

Nabil Bank has inked an agreement with Paanchkhal and Panauti Nagarpalika to promote rural agriculture and entrepreneurship among the locals of these Nagarpalika.

The MoU was signed between Deputy CEO of the bank Mr. Sujit Kumar Shakya, Mayor of Panchkhal Mr. Bhim Neupane, Bagmati Province head of the bank Mr. Amit Shrestha, and Deputy Mayor Ms. Laxmi Danuwar amid a program.

With this understanding, the bank will extend subsidized loans for agro and other businesses to the entrepreneurs and farmers of the local unit who are trained enough to run that business following the forwarded recommendation from the Nagarpalika whereas will also conduct different events to raise financial literacy among the local residents, as per the media statement.