Kumari Bank Limited Sign MoU with Germany's DSIK to Advance Sustainable Banking

Summary

Kumari Bank Limited has signed an MoU with Germany's DSIK to enhance ESG practices and promote sustainable banking in Nepal, supported by Germany's BMZ.

Key Points
  • Kumari Bank Ltd. signed an MoU with Germany's DSIK to promote sustainable banking in Nepal.
  • The partnership is supported by the German Federal Ministry for Economic Cooperation and Development (BMZ).
  • DSIK will provide technical assistance through ESG Risk Radar and Sustainable Finance Compass.
  • The collaboration aims to align Kumari Bank's efforts with Nepal Green Finance Taxonomy 2024 and support a low-carbon economy.
Article image