Nabil with EXIM

Nabil Bank has been recognised as a member bank under the Export-Import Bank of India (EXIM Bank) trade facilitation initiative 'Trade Assistance Program (TAP)'. Nabil is the first and only bank in Nepal to get such a facility under which the Exim Bank will issue a payment guarantee to accept LCs in India in support of payment obligations. This will help ease the recent increase in foreign credit risk and limited access, and enhance the capacity of financial institutions to facilitate cross-border business transactions.