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Agreement between Mega Bank and Bhotebahal Readymade Garment Manufacturers and Sellers Association

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KATHMANDU: WEDNESDAY, APRIL 21, 2021 – Mega Bank Nepal Limited has entered into an agreement with Bhotebahal Readymade Garment Manufacturers and Sellers Association with the objective of promoting business to the poor, small, home, small and medium entrepreneurs.

The agreement was signed by Deputy Chief Executive Officer of the Bank Rabeena Deshraj Shrestha and Senior Vice President of Bhotebahal Garment Manufacturers and Sellers Association Shantamani Regmi.

The bank has stated that it will provide small and medium loans to the entrepreneurs affiliated with Bhotebahal Readymade Garment Manufacturers and Sellers Association for the expansion of their business and concessional loans subject to the concessional interest subsidy loan guideline of Nepal Rastra Bank and concessional interest subsidy loan procedure of the bank.

In addition, the bank will distribute all the facilities of the bank to the entrepreneurs along with the QR code, which the bank believes will make banking transactions easy and simple.

Shrestha, Deputy Chief Executive Officer of Mega Bank, expressed her commitment to provide concessional loans to the entrepreneurs of Bhotebahal market through the nearest branch offices of the bank.

Also, Regmi, senior vice-president of the association, said that Mega Bank has been cooperating with Mega as it has been giving priority to unrestricted concessional interest subsidy loans.