KATHMANDU, September 19: National Banking Institute Ltd (NBI) and Everest Bank Limited (EBL) have signed a Memorandum of understanding (MoU) for a strategic alliance.
Issuing a statement, the bank said that the NBI would provide exclusively customized training programs to the bank for human capital development. “Under this agreement, Everest Bank Ltd has committed more than Rs 5 million worth of training investment during Fiscal Year 2017/18 to NBI,” the statement read.
Someshwar Seth, CEO of EBL and Sanjib Subba, CEO of NBI signed MoU on behalf of their respective institutions, according to the statement. “This partnership is expected to further leverage the strategic intervention towards the development of human capital of the bank,” the bank added in the statement.