Nabil Bank to assist pharmacists

KATHMANDU: Nepal’s leading commercial bank, Nabil Bank and Nepal Pharmaceutical Practitioners Association, Kathmandu have reached an agreement to assist pharmacists.

The agreement stipulates that the pharmacists will be assisted by providing various banking services under the bank’s credit policy as per the needs of the traders. The agreement has been signed by Niraj Kumar Basnet (Daniel), SME and Head of Microfinance of Nabil Bank and Badri Prasad Shrestha, Chairman of Nepal Pharmaceutical Practitioners Association, Kathmandu.

The agreement was reached at a large gathering of drug wholesalers from Kathmandu, Lalitpur and Bhaktapur districts organized by the Kathmandu District Branch of the Nepal Pharmaceutical Practitioners Association. Chief of Nepal Pharmaceutical Practitioners Association Bharat Bhattarai was present on the occasion.

Speaking about the partnership, Nabil Bank’s SME And Niraj Kumar Basnet (Daniel), Head, Microfinance, said, ‘Nabil Bank has always been in the forefront of providing various banking facilities and services to pharmacists to increase their financial access and develop the overall economy. We are one of the leading banks investing in the pharmaceutical business with a view to sustainable development of pharmaceutical professionals and banks. We hope that this partnership will help bridge the current gap in the financial management of pharmacists. At the same time, Nabil Bank is proud to be associated with pharmaceutical professionals involved in emergency services.

Nabil Bank is continuously providing quality services through its extensive network of agents in different countries including its 119 branch offices, 185 ATMs and more than 1500 Nabil Remittance Agents across the country. With a highly trained group and more than three decades of banking experience with a strong and secure banking system, Nabil Bank aims to deliver value-added services to customers.

Nepal Pharmaceutical Practitioners Association, established in 1973, is a non-profit organization engaged in the pharmaceutical trade profession, established to enforce price uniformity with the security of the overall pharmaceutical trade. Through an agreement between Nabil Bank and the Nepal Pharmaceutical Practitioners ‘Association, it helps to meet the financial needs of members of the Nepal Pharmaceutical Practitioners’ Association.