Issuing a press statement, the bank informed that the multi-phase collaboration will focus on two core areas including strengthening Risk Management across IT, market, credit, and operational domains and advancing Sustainable and Supply Chain Finance, including climate finance and innovative supply chain solutions.
According to the statement, the agreement was formalized by Ajaya Shah, Chief Executive Officer of Laxmi Sunrise Bank, and Mehdi Cherkaoui, Regional Manager – Financial Institutions Group Upstream and Advisory, South Asia at IFC.
“This milestone reinforces Laxmi Sunrise Bank’s dedication to embedding sustainability, improving risk oversight, and delivering long-term value for stakeholders,” reads the statement.
Laxmi Sunrise Laxmi Sunrise is among the leaders of promoting sustainable economic growth and environmental stewardship in Nepal. With 254 branches, 329 ATMs, and a strong digital presence, the Bank serves a diverse customer base, fostering financial inclusivity and accessibility.
