Nepal Bankers’ Association (NBA) held a meeting with International Monetary Fund, Financial Sector Stability Review (FSSR) mission to Nepal. The meeting mainly discussed on the regulatory and supervisory practices in the Nepalese banking system and the current financial situation. The discussion also covered the main challenges that the banking industry is now dealing with and the role that the regulatory body is playing in addressing these issues.
It is expected that the meeting’s outcome will contribute to further support towards maintaining the financial stability at a time when the financial sectors are dealing with several challenges. Officials from IMF FSSR Mission met with some Executive Committee members during the meeting.