Nabil Bank and EU-funded project team up for sustainable housing in Nepal
Kathmandu, October 6 Nabil Bank has signed a Memorandum of Understanding (MoU) with Building Energy Efficiency in Nepal (BEEN-Project) funded by the European Union (EU) to collaborate for the promotion of energy-efficient and sustainable housing in Nepal. Gyanendra Prasad Dhungana, Chief Executive Officer (CEO) of Nabil Bank, and Daniel Neyer, Project Leader of the BEEN Project, signed the agreement amidst other professionals present during the MoU signing ceremony. According to the bank, the partnership will specifically roll out activities on developing innovative financing packages, build technical capacities to assess financial packages and facilitate linkages to access preferential financial schemes for the promotion of sustainable and energy-efficient buildings. During the program, Upendra Prasad Poudyal , Chairman of Nabil Bank, emphasised the bank’s ongoing commitment to addressing climate change and its efforts to mitigate global warming. He highlighted the pivotal role...