Nepal SBI Bank Provides Financial Support to Control COVID-19

SBI Bank Of Nepal Provides Financial Support to Control COVID-19

Kathmandu, May 5th, 2020

Nepal SBI Bank Ltd. has granted a financial contribution of Rs. 100.00 lacs to help control the pandemic outbreak of COVID-19 in Nepal.

Out of the said amount, a cheque of Rs. 50.00 lacs has been handed over to Mr. Lekhraj Bhatta, Hon. Minister of Industry, Commerce, and Supplies by Mr. Anukool Bhatnagar, MD & CEO towards Corona Virus-Infected Prevention, Control, Treatment Fund, established by the Government of Nepal to prevent and control COVID-19 amidst a program organized today at Ministry of Industry, Commerce and Supplies, Singhadurbar. Mr. Motilal Dugad, Hon. State Minister of Industry, Commerce and Supplies, other high-level government officials, and senior management team of Nepal SBI Bank Ltd. Including Mr. Subha Kanta Kanungo, Dy. CEO & COO, Mr. Md. Rizwan Alam, CFO, Mr. Chhapi Raj Pant, CBDO showed their presence in the program. Further, Rs. 5.00 lacs each has already been provided to all the 7 Provincial Governments and Rs. 15.00 lacs has been spent by the Bank for the prevention and control of COVID-19 in various parts of the country.

The Bank has been providing similar support to the government and other needy people/organizations as part of its Corporate Social Responsibility.

Amidst the current lockdown imposed, the Bank has been providing the banking facilities to the needy through different branches across Nepal.

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