Mega Bank celebrates 11th anniversary

Published On: July 22, 2021 05:57 PM NPT By: Republica  | @RepublicaNepal

KATHMANDU, July 22: Mega Bank has provided Rs 1.20 million to support flood and landslide victims in Sindhupalchok and Manang districts to mark the completion of 11 years of its establishment.

According to the bank, of the amount, victims of the natural disasters in Helambu of Sindhupalchok district are provided with Rs 700,000 and those in Chame of Manang district are provided with Rs 500,000. The natural disasters hit these areas in mid-June.

Speaking at a program, Mega Bank Chairman Bhoj Bahadur Shah said they have prepared a five-year strategic plan to mark the bank’s 11th anniversary. “We will be focusing our investment on central bank-defined priority areas including agriculture, energy, small and medium industries and deprived community credits, which could help promote import-substitution, export-promotion, production business and employment generation,” Shah said.

Anupama Khunjeli, chief executive officer of the bank, said they have been promoting digitization in the banking service owing to the existing risks of COVID-19.

Mega Bank currently has a deposit collection of Rs 145 billion and has provided loans of Rs 141 billion. It has provided jobs to more than 1,700 employees and operates 178 branches, 137 ATMs, 33 extension-counters and 71 branchless banking services in 58 districts across the country, reads a press statement issued by the bank.   


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