The Executive Committee Members of Nepal Bankers’ Association (NBA) met with newly appointed Hon. Finance Minister Dr. Prakash Sharan Mahat at the Ministry of Finance. The members congratulated him and wished for a successful tenure.
During the meeting NBA President Mr. Sunil KC highlighted the present situation of Nepalese banking industry, importance of the banking sector in driving economic growth and emphasized the need for continued support from the Government to ensure that the financial sector remains strong and resilient.
He also expressed concerns over the increasing number of attacks on the banking industry from various sectors. He mentioned that such attacks not only harm the industry but may also adversely affect the country’s economy as a whole as it may impact External Commercial Borrowing and Foreign Direct Investment.
He further ensured that Nepalese banking industry is dedicated and fully committed to support the goals taken by the Government and cooperate with all stakeholders to maintain financial stability and economic development of the nation.
During the meeting Hon. Finance Minister Dr. Mahat also showed his concern on the recent activities against banks and financial institutions. He expressed his commitment and determination to find amicable solutions to resolve the challenges seen in the economy and also requested for necessary support and coordination from the financial sector.