18 August 2024, Kathmandu
The Nepal Bankers’ Association (NBA), in collaboration with the International Finance Corporation (IFC), successfully conducted a series of workshops titled “Knowing Your Digital Payment Services for Digital Empowerment” across Gandaki, Lumbini, and Madhesh provinces.
Empowering Digital Financial Services
These workshops aimed to bolster digital financial literacy and highlight the importance of financial inclusion in Nepal’s rapidly evolving digital landscape.
Empowering Digital Financial Services in Nepal: Successful Workshops Across Provinces
Held on August 11, 2024, in Gandaki and Lumbini provinces, and on August 12, 2024, in Madhesh province, the events were led by industry experts Ashim Nepal, Sanjib Subba, and Suvekshya Bhandari Subedi. Over 140 banking officials participated, gaining valuable insights into digital financial services (DFS), cybersecurity, and innovative technologies such as AI, Digital Lending, and Buy Now Pay Later (BNPL) services.
Key Highlights:
- Gandaki & Lumbini Provinces (August 11, 2024): Ashim Nepal and Sanjib Subba delivered impactful sessions, featuring interactive quizzes and discussions on DFS, security issues, and emerging trends like AI and BNPL services.
- Madhesh Province (August 12, 2024): Suvekshya Bhandari Subedi and Sanjib Subba emphasized the importance of digital literacy in combating cyber fraud and explored real-world applications such as M-Pesa and AI in driving financial inclusion.
Participants left the workshops equipped with the knowledge and tools to enhance digital services within their organizations and contribute to the broader goal of financial inclusion in Nepal.
The NBA and IFC express their gratitude to all participants and contributors for making these workshops a resounding success. Stay tuned for more updates and future events aimed at empowering Nepal’s digital financial landscape.
About IFC – International Finance Corporation
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector in developing countries.
We utilize and leverage our products and services—as well as products and services of other institutions in the World Bank Group—to provide development solutions customized to meet clients’ needs. We apply our financial resources, technical expertise, global experience, and innovative thinking to help our partners overcome financial, operational, and political challenges.
Clients view IFC as a provider and mobilizer of scarce capital, knowledge, and long-term partnerships that can help address critical constraints in areas such as finance, infrastructure, employee skills, and the regulatory environment.
IFC is also a leading mobilizer of third-party resources for its projects. Our willingness to engage in difficult environments and our leadership in crowding-in private finance enable us to extend our footprint and have a development impact well beyond our direct resources.