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Meeting to Discuss on NFRS 3 and NFRS 9 Implementation

Nepal Bankers’ Association (NBA) organized a meeting to discuss on implementation of NFRS 3 and NFRS 9. The meeting was hosted to gain better insight into the implementation and understand the current position of banks with regards to NFRS 9, and the easing out the bargain purchase gain matter related to NFRS 3. Officials from

Interaction and Networking Evening with NBI

National Banking Institute (NBI) and Nepal Bankers’ Association (NBA) collaborated to host an interaction session inviting the CEOs of all member banks. Mr. Kumar Lamsal, Chief Executive Officer, NBI delivered a presentation highlighting the objectives, goals and future plans of NBI. He also talked about the range of activities conducted by NBI including their vision

Disaster Risk Reduction and Management

Nepal Banker’s Association (NBA) presented a paper on “Preparedness and Response Plan of the Commercial Banks on Disaster Risk Reduction and Management” at the Disaster Study Risk Reduction and Compensation Division, Ministry of Home Affairs. The objective of the program was to learn the practices of essential service providers on preparedness and responses to disasters

Interaction on CBDC and Upcoming Monetary Policy

Nepal Bankers’ Association (NBA) in coordination with Nepal Rastra Bank (NRB) organised an interaction program on Central Bank Digital Currency (CBDC) and Upcoming Monetary Policy at Pokhara on 1st July 2022. The objective of the program was to get input and suggestions from the CEOs of commercial banks by having a discussion on CBDC and

CEOs Meeting with Mayor of Pokhara

In the initiative of Nepal Bankers’ Association (NBA), the Mayor of Pokhara Metropolitan City, Mr. Dhan Raj Acharya and all the CEOs of commercial banks met in Pokhara. The President of NBA Mr. Anil Kumar Upadhyay welcomed everyone to the session and admired the Mayor for attending the meeting despite the busy schedule. The Mayor

Meeting with Proparco

A meeting between officials of Proparco and NBA. ON behalf of Proparco Ms. Diane Jegam, Regional Director South Asia and Mr. Lucas Pizzini, Investment Officer In-charge of Nepal, and on behalf of NBA Mr. Anil Kumar Upadhaya, President and Mr. Anil Sharma, Executive Director attended the meeting. The meeting focused on the issues of inclusive,

APRACA Membership

The Executive Committee Meeting # 486 approved the proposal of Nepal Bankers’ Association to become a member of Asia-Pacific Rural and Agricultural Credit Association (APRACA). APRACA is a Regional Association that promotes cooperation and facilitates mutual exchange of information and expertise in the field of rural finance. A total of 87 institutions from 24 countries

ABA Membership

The Executive Committee Meeting # 486 approved the proposal for Nepal Bankers’ Association (NBA) to become a member of Asian Bankers Association (ABA) as it would be of great value addition to the industry. ABA is common forum for bank associations, banks and relevant stakeholders in the region. It aims to provide a forum for

MOU Signed with Fintelekt Advisory Services

Nepal Bankers’ Association (NBA), signed a Memorandum of Understanding (MOU) with Fintelekt Advisory Services, a global specialist in Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT) and Financial Crime Compliance (FCC). The MOU signing took place on May 25th at NBA’s office in Kathmandu between Mr. Anil Kumar Upadhyay, President, Nepal Bankers’ Association and

Meeting with IMF Mission

The newly appointed International Monetary Fund’s Resident Representative to Nepal Ms. Teresa Daban Sanchez met with NBA office bearers. The introductory meeting focused on IMF’s Extended Credit Facility (ECF) First Review Mission to Nepal.  During the meeting the current challenges and opportunities in the banking sector was also discussed.