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NBA Welcomed Incoming IMF Resident Representative

Nepal Bankers’ Association (NBA), held a program to bid farewell to the outgoing IMF Resident Representative to Nepal, Ms. Teresa Daban Sanchez and welcome the incoming IMF Resident Representative to Nepal, Mr. Pranav Kumar Gupta.

During the meeting, NBA President, Mr. Sunil KC expressed deep gratitude for Ms. Sanchez’s unwavering support, collaboration and valuable insights, which have been instrumental in shaping prudent financial policies and strengthening Nepal’s financial sector resilience.

Welcoming Mr. Gupta, Mr. KC conveyed NBA’s optimism for continued partnership, highlighting the critical role of the IMF’s expertise in fostering economic growth, enhancing financial stability and supporting the ongoing development of Nepal’s banking sector.

The meeting served as a platform to reaffirm the strong relationship between the IMF and NBA, underscoring a shared commitment to fostering a robust and dynamic financial ecosystem. NBA also extended its gratitude to the IMF for its continued support and guidance, which have been invaluable in strengthening the capabilities of the banking sector and promoting the adoption of best practices within the Nepalese banking industry.