Thursday April 02,2020

News FY 2075-76

Nabil Bank signs an agreement with UKaid Sakchyam Access to Finance and launches Nabil Sajilo Karja

Nabil Bank announced official signing of an agreement with UKaid Sakchyam - Access to Finance Programme (Sakchyam) for “Designing and Implementing a SME Focused Strategy to Enhance Banking Services for SME Segment in Nepal”.

The partnership was officially announced today by the signing and exchanging of agreement certificates between Mr. Anil Keshary Shah, Chief Executive Officer of Nabil Bank and Mr. Nirmal Dahal, Team Leader of Sakchyam. In addition to the agreement signing, Nabil Bank has also announced launching of a new SME focused product ‘NABIL SAJILO KARJA’, the first product under the partnership project, targeting the smaller enterprises. The partnership with Sakchyam aims in enhancing bank’s SME approach with a focus on clients’ needs and taking cue from international best practices.


NABIL SAJILO KARJA provides a competitive interest rate of 10.50% targeting SMEs with sales turnover up to NPR40m and loan need up to NPR 15m.. The product also offers a smart package of free transaction alert services, free monthly bank e-statement delivery, free issuance of credit card to the key person of the business with an assured turnaround time of five days.


During the event, Mr. Anil Keshary Shah, Chief Executive Officer of Nabil Bank said “We are pleased to partner with UKaid Sakchyam - Access to Finance Programme for designing and implementing SME focused strategies in Nabil Bank. We are hopeful that the partnership will bring out new innovative ideas which we can implement in strengthening SME segment in Nabil Bank. Along with the partnership, we are extremely pleased to launch Nabil Sajilo Karja an SME centric product for entrepreneurship development and contribution in the economic and business growth”.


“We believe NABIL can play a crucial role to bring a paradigm shift in the Nepalese banking sector and its approach towards SME sector focusing on the needs of the SMEs and their pain points. Through this partnership, we are confident that the bank will deliver a complete financing solution to the entire SME sector in a client friendly manner”, said Mr. Nirmal Dahal, Team Leader of Sakchyam.
Sakchyam is a UKaid-funded access to finance programme. It is being implemented by Louis Berger for DFID Nepal, in partnership with local and international institutions.

Nabil bank is providing its services through a wide domestic network of 75 branches, 125 ATMs, more than 1500 Nabil Remit agents throughout the nation and many correspondents across the globe. The Bank believes in moving “Together Ahead” with all its stakeholders.