Mahalaxmi Bikas Bank collaborates with NIC Asia Capital for systematic investment plan
Under the collaboration, Mahalaxmi Bikas Bank will act as a distribution agent for the NIC Asia Dynamic Debt Fund, a mutual fund managed by NIC Asia Capital Ltd., facilitating easy access to investment opportunities for investors across the country.
KATHMANDU: Mahalaxmi Bikas Bank has joined hands with NIC Asia Capital Ltd. to enhance growth in the Systematic Investment Plan (SIP) for their customers.
Under the collaboration, Mahalaxmi Bikas Bank will act as a distribution agent for the NIC Asia Dynamic Debt Fund, a mutual fund managed by NIC Asia Capital Ltd., facilitating easy access to investment opportunities for investors across the country.
The aim of this partnership is to expand the reach and diversification of investment opportunities through Mahalaxmi Development Bank’s extensive branch network.
By providing convenient access to the NIC Asia Dynamic Debt Fund, both financial inclusion and empowerment are expected to contribute to overall financial development in the country.
This service will initially be provided through the bank’s Durbar Marg branch and gradually expanded to branch offices nationwide.
With a slogan of “Sabal Bank, Safal Sahakarya” Mahalaxmi Bikas Bank has been consistently providing quality financial services to the Nepali populace for the past 29 years, with 103 branch offices across the country serving approximately 700,000 customers.
