The cooperatives or their members need to invest a minimum of 35% towards the total amount and our bank shall invest no more than 65% of the total amount
Bank guarantees are written obligations of the issuing bank to pay a sum on to a beneficiary on behalf of its members in the event that the members themselves do not pay the beneficiary
I take this opportunity to thank all the shareholders for the confidence, positive response towards us and in supporting us to achieve greater heights in our performance
Our Affiliation
International Cooperative Alliance (ICA)
Network for the Development of Agricultural Cooperative for Asia and the Pacific (NEDAC)
Association of Asian Confederation of Credit Unions (ACCU)
Center for International Cooperation and Training in Agricultural Banking (CICTAB)
Asia-Pacific Rural and Agricultural Credit Association (APRACA)
International Cooperative Banking Association (ICBA)
International Raiffeisen Union (IRU)
Assessing the importance of setting up a separate bank to exclusively support the cooperatives in the country, Nepal Government had amended the Cooperative Act, 1992 and released NPR10 million as equity participation in the fiscal year 2000 /2001
In order to follow up, the bank has developed a flexible index for the savings and credit business of the association/ institution, as well as the savings and credit bank business
