KATHMANDU OCTOBER 12

Nepal SBI Bank Ltd. (NSBL) organized a symposium titled "Navigating FATF Evaluation – Best Practices" on Friday, focusing on strengthening AML-CFT measures and enhancing coordination among financial institutions ahead of Nepal's upcoming FATF evaluation.

The event featured Dr. Neelam Dhungana Timsina, Deputy Governor of Nepal Rastra Bank (NRB), as the chief guest. Also present were senior officials from the Department of Money Laundering Investigation, law enforcement agencies, commercial banks, and the financial sector.

Ramakrishna Susarla, AML-CFT and compliance expert and former State Bank of India executive, shared global best practices and strategies relevant to Nepal's compliance framework.

NSBL Managing Director and CEO Ram Kumar Tiwari, Deputy CEO Vikas Anand, and CFO Rajesh Kumar Panda also attended the program.

The symposium concluded with a collective commitment to strengthen Nepal's anti-money laundering and counter-financing of terrorism framework in line with international standards.

Established 32 years ago, NSBL currently operates through 101 branches, 22 extension counters, 7 province offices, 20 branchless outlets, 125 ATMs, and a corporate office across the country.