The most commonly used guarantees are as under:
Bid Bond (Tender Bond)
Performance Bond Guarantee
Advance Payment Guarantees
Counter Guarantee
Deferred Payment / Supplier Credit Guarantee
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
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
NCBL within its long term strategic direction has developed a Regular Member Counselling Program that typically aims to give extra support to the cooperatives in wide array of cooperative education
