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Sat, May 10, 2025

39th ABA conference kicks off in Kathmandu

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KATHMANDU: The Asian Bankers Association’s 39th ABA General Meeting and Conference hosted by the Nepal Bankers Association (NBA) began in Kathmandu today.

Bankers of the member countries have participated in the two-day conference co-organised by the Asian Bankers Association.

Inaugurating the conference, Finance Minister Prakash Sharan Mahat urged the international bankers to invest in Nepal. Stating that the World Bank and the Asian Development Bank have invested in Nepal, he said there is an environment conducive to investment in the country and the hydropower sector has much potential.

He expressed confidence that the conference will be fruitful for the revival and sustainable development of the country's economy post-Covid19.

On the occasion, Nepal Rastra Bank Governor Maha Prasad Adhikari said the country's banks made progress in a short span of time and stressed the need for digitalising banks. He also urged the increase of investments in banks.

The theme of the conference is 'Asian Banking: Roadmap for Recovery and Sustained Growth'.

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