NMB Bank and Aloi announce a strategic partnership for Digital Financing

Aloi Private Limited and NMB Bank Limited have announced today that the companies have entered into a strategic partnership that will allow them to explore, evaluate, cooperate, and work towards initiating and upscaling sustainable and green businesses through digital financing.

NMB Bank Limited and Aloi Private Limited have inked an agreement to provide digital lending services to micro-entrepreneurs working in the electric transport sector using Aloi's digital loan tracking system. The agreement was signed between the CEO of NMB Bank, Mr. Sunil KC, and the co-founder of Aloi, Ms. Sonika Manandhar. The companies have agreed to explore more green financing opportunities in agriculture and clean energy. This partnership is a step towards instilling sustainable banking practices that will continue to foster wholesome economic growth for the nation.

NMB Bank has been continuing to emerge as a leading commercial bank in Nepal, driven by a value-based approach, banking innovation, a progressive business model, and social obligations, and aims to use finance to deliver sustainable economic, social, and environmental development.