Mahalaxmi Bikas Bank and Adhantya Fund Management Ltd. Forge Strategic Agreement to Boost SMEs

Fri, Sep 13, 2024 8:20 AM on Latest, Corporate,

Mahalaxmi Bikas Bank and Adhyanta Fund Management Ltd. have signed a strategic agreement to enhance financial access and investment for small and medium enterprises (SMEs) across various sectors, including agriculture, tourism, and digital services.

Adhyanta Fund Management will offer technical support in areas such as financial investment, market expansion, and business development, while Mahalaxmi Bikas Bank will facilitate capital access and provide financial services in line with Nepal Rastra Bank's regulations.

This partnership aims to boost the competitive and operational capabilities of SMEs, contributing to the country's long-term economic growth. Additionally, the bank's recent annual general meeting resolved to explore strategic partnerships with foreign banks or financial institutions.