Nabil Sajilo Karja

KATHMANDU: Nabil Bank has announced the official signing of an agreement with UKaid Sakchyam - Access to Finance Programme (Sakchyam) to design and implement an SME focused strategy to enhance banking services for SME segment in Nepal. The partnership was officially announced on Thursday with the signing and exchange of agreement certificates between Anil Keshary Shah, CEO of Nabil Bank and Nirmal Dahal, team leader of Sakchyam. In addition, Nabil Bank also announced the launch of a new SME focused product called ‘Nabil Sajilo Karja’, the first product under the partnership project, targeting smaller enterprises.

The new product provides a competitive interest rate of 10.50 per cent targeting SMEs with sales turnover of up to Rs 40 million and loan need of up to Rs 15 million. The product also offers a smart package of free transaction alert services, free monthly bank e-statement delivery and free issuance of credit card to the key person of the business.