MBL signs pact

KATHMANDU: Machhapucchre Bank Ltd (MBL) and UKaid Sakchyam Access to Finance Programme (Sakchyam) have signed a partnership which will work towards providing simplified microcredit services to the unserved and underserved population of 14 districts across Nepal, as per a media release.

The ‘Simplified Microcredit Services’ project aims to provide simplified micro credit service through 14 branches and to establish 20 branchless banking (BLB) touch points across seven districts, which include Banke, Dang, Kailali, Kanchanpur, Rupandehi, Surkhet and Dhading.