December 7: NMB Bank has signed a Memorandum of Understanding with Federation of Nepal Cottage and Small Industries (FNCSI) to conduct a series of Financial Literacy Programs (FLP). Issuing a statement, the bank said that FNCSI will conduct FLP program among its 45,000 members with the support from NMB Bank. Amongst the 45,000 members of FNCSI, 9,000 are women entrepreneurs.

According to NMB Bank, the financial literacy program will focus on aspects of micro, small and medium sized enterprises whereby it will guide the participants in securing financial resource for their business and utilizing the resource optimally. The FLP is expected to impart set of skills and knowledge to the participants through which they can take effective financial decisions.

Govind Ghimire, chief business officer of NMB Bank and Dambar Prasad    Regmi, secretary general of FNCSI signed the agreement on behalf of their respective organisations.