Agreement between AAN and Muktinath

KATHMANDU: SEPT. 6 – Advertising Association Nepal (AAN) and Muktinath Bikas Bank Ltd. The agreement was signed by Chairman Som Prasad Dhital on behalf of AAN and Chairman Pradyuman Pokharel on behalf of the bank.

As per the agreement, the bank will provide unsecured loans of up to Rs 1.5 million to its member organizations for two years. AAN currently has more than 150 advertising agencies as active members and about 700 affiliates.

Speaking at the signing ceremony, Chief Executive Officer (CEO) of the Bank, Pokhrel, said that today’s collaboration provided an opportunity to become a bank partner in the financial transformation of the advertiser. He said that Muktinath Bikas Bank has become popular as it has been serving its customers in a different way.

AAN Chairman Dhital said that this cooperation would be helpful for the benefit of the advertising businessmen and the bank. He said the concessional loan would help advertisers in trouble due to the coronavirus epidemic and lockdown to increase their capacity and financial empowerment.