Nabil Bank bags ‘Leading Partner Bank in Nepal’ award from ADB TSCFP for the second time in a row

NL Today

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Kathmandu: Nabil Bank Limited has been recognized as the Leading Partner Bank in Nepal for 2021 by Asian Development Bank – Trade & Supply Chain Finance Program (TSCFP).

This is the second time in a row for Nabil Bank to be awarded this award. ADB’s TSCFP fills market gaps for trade finance by providing guarantees and loans to banks to support trade.

Trade Finance Program empowers countries to meet Sustainable Development Goals by closing market gaps through guarantees and loans.

As stated by the ADB trade finance program announcement, Nabil Bank has recorded the most transaction with TSCFP in Nepal from 1 July 2020 to 30 June 2021.

The bank is operating with a wide network with 135 branches, 184 ATMs, and more than 1,500 Nabil Remit Agents spread across the country.