On the occasion of its 39th Annual General Meeting, Nepal Bankers’ Association (NBA) organized its Annual Function. The program commenced with a welcome address by NBA President Mr. Santosh Koirala, who warmly welcomed all the distinguished participants. He noted that despite the multiple challenges currently facing by banking sector, the timely policy reforms undertaken by Nepal Rastra Bank have played a significant role in addressing and overcoming from several of these challenges, and he expressed sincere appreciation to the Central Bank for its continued support.
During the program, NBA Chief Executive Officer Mr. Anil Sharma delivered a presentation highlighting the major activities and initiatives undertaken by NBA, along with key emerging challenges and the opportunities of the Nepalese baking sector.
Continuing its tradition of honoring an individual who has made significant contribution to the banking sector, for this year, NBA presented a Certificate of Honor to Dr. Upendra Mahato. He was honored in recognition of the visionary leadership and exceptional contribution to Nepal’s economic, industrial, business and social development, as well as for his role as the former Chairman of Machhapuchchhre Bank Limited.
The program also felicitated former CEOs who left the bank during the last year and were present in the program – Mr. Gyanendra Prasad Dhungana and Mr. Sunil K.C., for their invaluable service to the banking sector and support NBA.
The Chief Guest of the program, Governor of Nepal Rastra Bank, Prof. Dr. Biswo Nath Poudel, congratulated all the honored personalities and thanked them for their valuable contribution to strengthen the Nepal’s banking sector. He highlighted that Nepal has abundant potential for economic development and emphasized the need to identify investment-worthy sectors and suggested to channelize credit towards them. He also highlighted that existing challenges in the banking sector can be resolved through dialogue and cooperation, urging all stakeholders to work collaboratively.
Concluding the program, NBA Vice President Mr. Surendra Raj Regmi stated that wherever there are challenges, there are also opportunities, and that the current challenges facing the banking sector also present numerous opportunities for growth and innovation. He urged stakeholders to proactively seize these opportunities. He then expressed heartfelt gratitude for the continued support and cooperation of all participants and conveyed his confidence that such collaboration would continue in the days ahead.
