Kathmandu. A historic strategic partnership agreement has been signed between the Confederation of Banks and Financial Institutions Nepal (CBIFIN) and Kathmandu Fintech (KF) with the aim of promoting digital transformation, leadership development, and good governance in the Nepali banking sector. The agreement was signed at the CBFIN office, Sundhara by Roshan Koirala, Director General of CBFIN, and Sanjeev Subba, Founder of Kathmandu Fintech.
Speaking after the agreement signing, Roshan Koirala, Director General of CBFIN, said, “This important collaboration with Kathmandu Fintech will prove to be a milestone in transforming the Nepali banking sector into digital technology and making it more robust, secure, competitive and innovation-oriented.”
Similarly, Sanjeev Subba, Founder of Kathmandu Fintech said, “We are excited to be involved in this strategic partnership with CBFIN, which is continuously working towards the qualitative improvement, development and expansion of Nepal’s banking sector. It is a great achievement for us to have the opportunity to provide world-class knowledge on digital banking, cybersecurity and fintech to board members of Nepali banks and financial institutions and distinguished banking leaders. This collaboration will make a significant contribution to the upgrading of digital banking, technology-driven innovation and overall financial services.”
The agreement states that the two sides will collaborate in organizing orientation training and training programs and high-level conferences on latest technology, policies, practices, regulations, good governance, compliance, strategic financial management, digital technology and fintech adoption processes in the banking sector and cybersecurity for board members of banks and financial institutions, conducting special trainings on strategic leadership development and decision-making capacity enhancement, and conducting projects to promote banking access and inclusive financial literacy for social and economic transformation, ethical banking practices, and good governance. Similarly, it is stated that a study and research on the pressing challenges and opportunities of the banking sector, entrepreneurship and innovation will be conducted and a report will be made public.
According to the agreement, Kathmandu Fintech will provide program planning, resource management and technical expertise, while CBIFIN will support the effective implementation of projects through its network and strategic guidance.
The partners believe that this collaboration will play an important role in making Nepal’s banking sector, which is on the journey of digital transformation, more digitally friendly, strategically empowered and focused on good governance, stronger.
