KATHMANDU: Asian Development Bank (ADB) has awarded the TFP Award 2019-Leading Partner Bank in Nepal to Himalayan Bank Ltd (HBL) for the highest number of transactions recorded with TFP.

The TFP awards partner banks for their role in supporting trade in Asia and the Pacific region. ADB has awarded TFP award to HBL for the highest number of transactions recorded during the period of July 1, 2018 to June 30, 2019.

The award is given in recognition of its role in promoting trade finance in Asia and the Pacific.

HBL’s General Manager Sushiel Joshi and Chief Manager Satish Raj Joshi received the award amidst the ADB Trade Finance Programme (TFP) Award Ceremony organised by ADB in Singapore recently.

This is the third time that the bank has received the award.