Payments System Development In Nepal

Payments System Development in Nepal

Payments system is the backbone of financial system. Payment system development moves along with the growth of financial system, which has two aspects – expanding the outreach and enhancing the range and quality of financial services. Payment systems development supports

Branchless Banking in Nepal_promoting financial inclusion in nepal

Branchless Banking: Facilitating Financial Inclusion in Nepal

As per the latest WorldBank Global Findex Database 2017, for 20% of adult Nepalis, the sole reason for not having a bank account is because banks are too far away. It suggests that those reporting distance as a barrier will

NMB Bank of the Year in Nepal 2018

NMB Bank Becomes Bank Of The Year In Nepal For 2018

NMB Bank has been recognized as Bank of the Year in Nepal for 2018 by The Banker, a service of the Financial Times, for its leading role in the country’s financial sector by using new digital technologies. This is the

Nepal Bangladesh Bank signs MoU with Khalti for facilitating digital payments

Nepal Bangladesh Bank signs MoU with Khalti for facilitating digital payments

Nepal Bangladesh Bank Ltd. (NBBL) has signed an MoU with Khalti to facilitate digital payments to its customers. Mr. Surendra Bhusan Shrestha, Deputy CEO of the Bank, and Mr. Amit Agrawal, Director of Khalti, signed the agreement on Friday, 12

Nepal Financial Inclusion Portal_Nepal Rastra Bank NRB

NRB launches Nepal Financial Inclusion Portal to track progress of financial inclusion in the country

Nepal Rastra Bank (NRB) has launched Nepal Financial Inclusion Portal. The portal provides real-time information and data to figure out a realistic picture of the financial access and its usage in Nepal. The portal (emap.nrb.org.np) was launched by NRB with

Century Bank-Khalti partnership for digital payment in Nepal

Century Bank signs MoU with Khalti for facilitating digital payments

Century Bank Limited has signed up a MoU with Khalti to facilitate digital payments to its customers. Mr. Deepesh Pradhan, Chief Operating Officer of Century Bank, and Mr. Amit Agrawal, Director of Khalti, signed the agreement on Wednesday. This alliance will

List of Banks in Nepal

List of Banks in Nepal

The concept of banking in Nepal dates back to the first half of 20th century. The first bank that was established in the country was Nepal Bank Limited (NBL). It was founded in 1937 AD. Establishment of NBL marked the

Machhapuchchhre Bank Branchless Banking Service

Machhapuchchhre Bank Expands Branchless Banking Service to Mustang

Machhapuchchhre Bank Limited (MBL) has started branchless banking services in four different locations in Mustang with an aim to extend its service across the country. The bank said in a statement that it has started the service at Marpha, Kagbeni,