Tuesday, 22nd July 2014

NBI conducts financial literacy program nationwide


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National Banking Institute (NBI) has successfully conducted programs in different areas of Kathmandu, Chitwan, Makwanpur, Dhading, Dang, Dolakha, Ramechhap and Sindhupalchowk districts.

"NBI, as part of our CSR activities and in order to create awareness on access to finance has been delivering programmes on Financial Literacy nationwide," said NBI in a press statement issued on Thursday.

Recently, NBI team has concluded programs in various parts of Tehrathum and Sunsari districts in the eastern region. Apart from that, NBI has also been conducting exposure visits, seminars, training, etc on Access to Finance.

Sanjib Subba, CEO of the institute said that the critical challenges on the way to 'national financial highway' include access to formal financial channel, huge unbanked population, lack of focused banking promotion activities and mechanism to mobilize national household savings.

Subba further added that the initiative has been helping communities at the base of the pyramid to understand the importance of saving habits and financial planning.

Participants came from all walks of life such as young students, rural housewives, remittance dependent families, members of cooperatives, and disadvantaged and under privileged groups among others, said the NBI.