Machhapuchchhre Bank Launches MBL IT Loan to Support Nepal’s Tech Sector

Summary

Machhapuchchhre Bank Limited has launched the MBL IT Loan scheme to provide financial support to Nepal's IT sector, aiming to boost innovation and digital growth.

Key Points
  • Machhapuchchhre Bank Limited launched the MBL IT Loan scheme to support Nepal's IT industry.
  • The loan targets registered IT firms, partnerships, and private limited companies operating for at least two years.
  • It aims to facilitate financing for working capital, infrastructure, and business expansion in IT-related fields.
  • Eligible businesses include those in software development, IT outsourcing, cybersecurity, fintech, AI, and machine learning.
Article image