Nepal SBI Bank enters into agreement with Pokhara Finance; customers of finance company can now avail non-fund-based banking services of Nepal SBI

Nepal SBI Bank Ltd. and Pokhara Finance Ltd. have entered into an agreement to provide non-fund-based banking facilities to the customers of Pokhara Finance Ltd.

Under this agreement, Pokhara Finance Ltd. customers will be able to avail Nepal SBI Bank Letters of Credit, Document against Payment (DAP), Document against Acceptance (DAA), Local Bank Guarantee, etc. The agreement was exchanged between Md. Rizwan Alam, Deputy CEO & Chief Financial Officer of Nepal SBI Bank Ltd., and Mr. Rabi Chandra Gurung, Chief Executive Officer of Pokhara Finance Ltd. in presence of senior officials of Nepal SBI Bank Ltd. and Pokhara Finance Ltd.