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include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
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<p>“Proper ERSM practice will minimize the potential risks, create business opportunities and also improve regional competitiveness of BFIs,” said NRB Governor Chiranjivi Nepal. </p>
<p>“It is important for Nepal to implement this practice as this will minimize business risk, develop trust in the market and help in attracting investment,” said Wendy Werner, country manager of IFC for Nepal, Bangladesh and Bhutan. She said that IFC will continuously support to implement ERSM guidelines in Nepal.</p>
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<p>“It is important for Nepal to implement this practice as this will minimize business risk, develop trust in the market and help in attracting investment,” said Wendy Werner, country manager of IFC for Nepal, Bangladesh and Bhutan. She said that IFC will continuously support to implement ERSM guidelines in Nepal.</p>
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include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
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Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
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<p>“It is important for Nepal to implement this practice as this will minimize business risk, develop trust in the market and help in attracting investment,” said Wendy Werner, country manager of IFC for Nepal, Bangladesh and Bhutan. She said that IFC will continuously support to implement ERSM guidelines in Nepal.</p>
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<p>“It is important for Nepal to implement this practice as this will minimize business risk, develop trust in the market and help in attracting investment,” said Wendy Werner, country manager of IFC for Nepal, Bangladesh and Bhutan. She said that IFC will continuously support to implement ERSM guidelines in Nepal.</p>
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include - APP/View/Articles/view.ctp, line 116
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May 29: Nepal Rastra Bank (NRB) has issued the Environment and Social Risk Management Directive for the first time in Nepal with the support of International Finance Corporation (IFC), a member of the World Bank Group.
The directive will help the Banks and Financial Institutions (BFIs) to assess the environment and social security risk involved in the transactions of their customers and help to mitigate such risks.
The directive will set a standard for identifying the environment and social (E&S) risks, their assessment and management.
One of the major risks for financial institutions is related to credit and market. However, the risk also depends on how the customers manage the E&S risk that could arise by transaction with the clients. If this issue is not addressed on time, this can affect the standard of BFIs and also cause the loss of revenue of the BFIs.
“Proper ERSM practice will minimize the potential risks, create business opportunities and also improve regional competitiveness of BFIs,” said NRB Governor Chiranjivi Nepal.
“It is important for Nepal to implement this practice as this will minimize business risk, develop trust in the market and help in attracting investment,” said Wendy Werner, country manager of IFC for Nepal, Bangladesh and Bhutan. She said that IFC will continuously support to implement ERSM guidelines in Nepal.
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include - APP/View/Articles/view.ctp, line 273
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
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Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
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'summary' => 'May 29: Nepal Rastra Bank (NRB) has issued the Environment and Social Risk Management Directive for the first time in Nepal with the support of International Finance Corporation (IFC), a member of the World Bank Group.',
'content' => '<p>May 29: Nepal Rastra Bank (NRB) has issued the Environment and Social Risk Management Directive for the first time in Nepal with the support of International Finance Corporation (IFC), a member of the World Bank Group.</p>
<p>The directive will help the Banks and Financial Institutions (BFIs) to assess the environment and social security risk involved in the transactions of their customers and help to mitigate such risks.</p>
<p>The directive will set a standard for identifying the environment and social (E&S) risks, their assessment and management.</p>
<p>One of the major risks for financial institutions is related to credit and market. However, the risk also depends on how the customers manage the E&S risk that could arise by transaction with the clients. If this issue is not addressed on time, this can affect the standard of BFIs and also cause the loss of revenue of the BFIs.</p>
<p>“Proper ERSM practice will minimize the potential risks, create business opportunities and also improve regional competitiveness of BFIs,” said NRB Governor Chiranjivi Nepal. </p>
<p>“It is important for Nepal to implement this practice as this will minimize business risk, develop trust in the market and help in attracting investment,” said Wendy Werner, country manager of IFC for Nepal, Bangladesh and Bhutan. She said that IFC will continuously support to implement ERSM guidelines in Nepal.</p>
<p> </p>
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
