Agreement between Nepal SBI and ICFC Finance

KATHMANDU: AUGUST 30 – Nepal SBI Bank has entered into an agreement to provide the required non-fund based banking facility to the customers of ICFC Finance.

Under this agreement, ICFC Finance customers can avail the facility of Letter of Credit, Document Against Payment, Local Bank Guarantee etc. through Nepal SBI Bank.

The agreement was exchanged between Muhammad Rizwan Alam, Deputy Chief Executive Officer and Chief Financial Officer of Nepal SBI Bank and Amit Shrestha, Deputy Chief Executive Officer of ICFC Finance.