KATHMANDU: Forum of Nepalese Banks (FNB)presented a memorandum to Prime Minister Madav Kumar Nepal today.

Forum chairman and Himalayan Bank Ltd chairman Manoj Bahadur Shrestha presented the memorandum highlighting current burning issues related to banking and overall

economic scenario.

During the meeting with the premier, Shrestha said that the Nepali private commercial banking sector is just 25 years old.

“All stakeholders involved in this sector are in the primary stage and continuously upgrading their capability, knowledge base, service level efficiency and service quality expectations,” he said.

He stressed the need for joint effort of all stakeholders for resolving issues evolved during the banking operations and betterment of the overall economic scenario of the country.

Forum general secretary Ashok Agrawal briefed the Prime Minister about the objectives of the forum and elaborated on concerns covered in the memorandum.

The Prime Minister assured the delegation of looking into the concerns of the forum and directing the concerned authority for early resolution of issues raised.

Forum of Nepalese Banks — a corporate social forum has been established to fairly represent, lobby for the interest of all stakeholders in banks and bring about a broader perspective in the banking system of the country.

It was registered at the District Administration Office, Kathmandu, on June 16.

The ad hoc executive committee of the forum has been formed recently with nine members and is chaired by Manoj Bahadur Shrestha.