Nabil Bank launches financial literacy & entrepreneurship training in 16 rural areas

KATHMANDU: Nabil Bank Limited has launched a skill-based financial literacy and entrepreneurship development training programme targeting people engaged in agricultural businesses across 16 rural locations in Nepal.

The programme began on Wednesday, April 22, in Sinja Rural Municipality of Jumla district and will be expanded to an additional 15 locations within the current fiscal year, the bank said.

In collaboration with local governments across Koshi, Madhesh, Gandaki, Lumbini, Karnali, and Sudurpaschim provinces, the bank aims to train around 500 individuals involved in or aspiring to start agricultural enterprises.

According to Chief Executive Officer Manoj Kumar Gawali, the training will provide practical knowledge on savings, budgeting, credit management, insurance, and investment options.

He said the initiative is designed to strengthen financial literacy, reduce unemployment, encourage new business creation, and promote sustainable economic growth through entrepreneurship development.

The bank stated that the programme is part of its commitment to sustainable banking and corporate social responsibility (CSR), with a focus on empowering rural communities toward self-reliance.

Participants will also receive training based on their interests in agricultural activities such as goat farming, pig farming, buffalo rearing, mushroom cultivation, and vegetable farming.

In addition to technical skills, they will gain knowledge on business opportunities, marketing, and financial management.

The initiative emphasizes environmentally friendly, socially responsible, and long-term income-generating investments, aligning with the bank’s sustainable banking approach.