Nepal Bankers’ Association (NBA) is pleased to announce its recent membership in the SME Finance Forum, a global network of over 300 institutions across 190 countries dedicated to advancing SME financing. This partnership highlights NBA’s commitment to supporting small and medium-sized enterprises (SMEs) in Nepal through global insights, innovation, and collaboration.
Supported by the G20 and the International Finance Corporation (IFC) of the World Bank, the SME Finance Forum provides members with resources like peer networks, innovation hubs, specialized training, and a repository of research to drive SME growth. As a new member, NBA gains access to these tools, enabling Nepal’s commercial banks to better meet the needs of SMEs and contribute to national economic development.
“We believe that joining the prestigious SME Finance Forum will benefit Nepal’s banking sector as we work to enhance SME financing,” said Mr. Sunil KC, President of the NBA. “With increasing support from both the Nepal Rastra Bank and our commercial banks, this membership is an invaluable step toward advancing SME growth.”
Qamar Saleem, Head of the SME Finance Forum, welcomed NBA’s membership, noting its alignment with the Forum’s mission to promote impactful SME financing, especially in emerging markets like Nepal.