Money expo to highlight services offered by financial institutions

Himalayan News Service

Kathmandu, April 5:

With financial and logistic support from various institutions, Information Nepal DC Pvt Ltd is organising Nepal Money Expo, 2005 from April 8 to 10, in a bid to create awareness about financial schemes and market instruments for consumers.

Giving details about the event today, executive director of Information Nepal DC Pvt Ltd, Deoraj Rai said that it is the first expo of its kind in Nepal.

The objective of the expo is to especially highlight the importance of financial or monetary transactions carried out by various financial institutions, said Rai.

As financial development plays a crucial role in the national economy, consumers need to understand its importance and the services being provided by financial institutions, he said.

The other objectives of the exhibition is to bring all financial institutions under one roof and provide consumers maximum knowledge about such products, said the organiser of the event. The event organiser, highlighting the activities in store during the expo, said that it provides a suitable platform to institutions to display their products and services.

The event provides an effective platform for effective marketing drives by financial

institutions such as banks, cooperatives and insurance companies.

Other objectives of the event are to create awareness about financial institutions, encourage people to use financial facilities/schemes available in the market, give exposure to consumer financing schemes and make people aware of illegal elements involved in the financial segment, organisers of the event informed. Mainly institutions related to banking, finance, insurance, cooperatives, money transfer, automobiles, housing and real estates, office equipment supply and trading companies, security and electronics equipment supply and trading companies will take part in the event.

One of the major attractions of the event is to display bank notes, which will be interesting for bank note collectors and people who want to see old and new currency

denominations. The organisers also said that the event will display bank notes from more than 200 countries. Other programmes to be held at the expo are fashion show, musical programme and quiz contest.

The organisers expect more than 30,000 visitors during the three day long expo.

The official media of the event are The Himalayan Times, Annapurna Post, the Boss and Image channel. Nepal Bankers Association, Nepal Tourism Board and Merlion Club Nepal are supporting the event while the main sponsor is Green Wood Villas.