Nepal Bankers’ Association (NBA) hosted a media interaction program at NBA Office. The program was part of regular press meet on NBA where some information related to banking industry was disseminated and the queries from media colleagues on various banking and financial issues were addressed.
Mr. Sunil KC, NBA President extended a warm welcome to all. On the backdrop of national and international scenario, he shared that lot of indicators are moving on the positive direction which is welcoming to the banking sector and all relevant stakeholders. The recently announced Monetary Policy has tried to review the slowness in economy emphasizing strong focus on productive sector. The Policy aims to maintain financial stability and will support towards achieving the GDP growth target set by the Government. He highlighted the certain policies of the Monetary Policy that are likely to revitalize the economy. He said the increment in the first home loan limit; will not only boost the housing sector but also have a multiplier effect on related industries.
Mr. Santosh Koirala, NBA Vice-President said that interest rates are in declining trend over the past few months and will do so on coming days. He also praised and thanked the media for their active participation and urged them to continue their support and encouragement in the days to come.
Mr. Anil Sharma, NBA Executive Director delivered a presentation in which he provided an overview of the global and national economic and banking context, basing his statement on the latest statistics. He stated that the domestic sector has been displaying signs of improvement, which is a positive indicator for the overall economy. He also highlighted and discussed upon the various aspects of recently published Monetary Policy.
The program was actively participated by more than 45 journalists from different media.