Kathmandu, Nov 2 . Laxmi Bank has been recognized as Leading Partner Bank in Nepal for 2020 by Asian Development Bank- Trade & Supply Chain Finance Program (TSCFP) for being successful in recording most transactions in the trade and supply chain finance sphere between 1 July 2019 – 30 Jun 2020.
ADB’s Trade and Supply Chain Finance Program (TSCFP) Awards is the most prestigiousaccolade in the banking and financial industry in Asia, given to the institutions that work passionately to foster economic growth through sustainability measures. The ADB TSCFP Awards were announced through a virtual award ceremony on October 28, 2020.
About Laxmi Bank
Laxmi Bank was established in 2002. Today, through its 121 branches, 7 extension counters, 4 hospital service counters, 151 ATM’s, 2500 remittance & 61 Branchless Banking Agents and a host of IT enabled channels, the Bank serves a wide range of customers. Despite a relatively short history, Laxmi Bank has emerged as a major player across all business lines – retail, midmarket, corporate, infrastructure, and treasury. The Bank is widely recognized as one of the best-managed banks in Nepal with high standards of corporate governance culture, risk-management systems, and a strong technology.
