April 30: Nabil Bank has entered into an agreement with Play for Deprived Children Nepal (PDCN) to encourage youths in sports, especially basketball.

The bank said in a statement that it has become the banking partner of Nepal Basketball League.

Anil Keshary Shah, CEO of the bank and Arun Karki, chairman of Play for Deprived Children Nepal, signed the agreement amid an event organized at Nepal Police Training Camp, Maharajgunj, Kathmandu on Monday. Captains of the men’s and women’s national team Sadhish Pradhan and Sadina Shrestha were also present during the occasion.

Nepal Basketball League kicked off on April 28 and the finals will be held on July 22. As informed by the chairman of PDCN, the tournament is going to be the held for 55 days. The top three finishers of the tournament will be awarded with cash prize of Rs 200,000, Rs100,000 and Rs 50,000 respectively.

CEO Anil Keshary Shah said, “We are delighted to be the banking partner of the Nepal Basketball League as we are confident that the structure of the tournament will ensure that the game of basketball gains momentum across the nation. Nabil Bank is privileged to be part of the league and looks forward to a truly incredible tournament.”