Century Commercial Bank inks MoU with Deposit and Credit Guarantee Fund; to regulate agro loans upto Rs 3 crore

Century Commercial Bank has inked an agreement with Deposit and Credit Guarantee Fund to ensure the security of the credit disbursed in the agriculture sector where the bank will now regulate agro loans upto 3 crore which is expected to make agro loans more secure and more attractive.

The MoU was signed between the Deputy CEO of the fund Ms. Usha Paudel and Deputy MD of the bank Ms. Anupama Shrestha Manandhar, as per the media statement.

The bank currently has 147 branches, 10 extension counters, 24 branchless banking units and 115 ATM outlets under its network.