Kathmandu. Kumari Bank Limited has signed a strategic project agreement with Minergy Initiatives to promote sustainable banking practices through service, process and strategic partnerships.
The agreement was signed by Mr. Chandan Karki, Chief Investment & Marketing Manager of Kumari Bank and Mr. Shyam Sundar Shrestha, Chairman of Minergy Initiatives. With a focus on promoting environment and green banking, the MoU establishes a broad scope of collaboration to make communities bankable and enhance the capacity of the bank in line with the target community.
“Bridging the gap between international climate finance and targeted entrepreneurs requires a robust ecosystem that deeply understands both the realities of the community and the pattern of banking risk,” said Arpan Poudel, Head of Sustainable Banking at the Bank. ”
Kumari Bank, one of the leading financial institutions in Nepal, through its strong network, will be scaling up this transformational initiative nationwide. Presently Kumari Bank has been providing banking services through its widest domestic network of 286 branches, 304 ATMs, 40 extension counters, 41 branchless banking units and 1233 POS Terminals. Furthermore, the partnership between Kumari Bank and Minergy Initiatives for its customer-centric innovation, transparent working style and good governance will add vital energy to the journey towards promoting green finance, sustainable economic growth and a cleaner and climate resilient future.
