18 Janaury 2021, Kathmandu
Machhapuchchhre Bank and Asian Development Bank (ADB) have come into an agreement. For loan and trade aid under ADB’s Trade and Supply Chain Finance Program.
The agreement was signed by Asian Development Bank (ADB) Advisor and Chief Trade and Supply Chain Finance, Steven Vick, and Machhapuchhre Bank CEO Santosh Koirala.
With a Triple-A rating. ADB’s Trade and Supply Chain Finance Program has partnered with more than 200 banks in Asia to date.
Following the agreement. Machhapuchhre Bank will provide financial services related to foreign trade. And also guarantee to small and medium entrepreneurs in lots place under the guarantee of ADB.
The bank has been providing reliable and modern services to its consumers.
The bank is also confident that the agreement reached with the ADB on the trade finance program will help in the economic development of the country.
Since its foundation, Machhapuchhre Bank has devoted itself to provide simple and easy banking services through new tech in the field of all business services such as retail, corporate, and banks.
The bank has been providing services through 160 branches, 151 branchless banking services, and 5 extension counters throughout the nation. Through a service network of 316 locations, 198 ATMs, and more than 1,000 POS.