Sunday August 18,2019
वि.सं २०७६ भदौ ०१ अाईतबार

Small and Micro Banking Introduction

Muktinath is a popular Nepali word which literally means the “God of Salvation”. The bank’s name was derived to prove the meaning by uplifting poor people from their current status to respectful social and economic status.Muktinath Bikas Bank Limited (MNBBL) is a “B” class Development Bank; providing general banking services to all corner of people. MNBBL is the first development bank which is  downscaling its operation to serve low income people. Currently MNBBL is playing an initiative role to provide microfinance services to poor people from April 2008 (Baisakh 2065). . MNBBL is  focusing its microfinance services to rural and underserved households who are striving for financial services. MNBBL has a separate Microfinance Department which manages microfinance activities of the bank. Under the microfinance department, there are microfinance service delivery units (Desk, Unit and Sub-branch offices) which provides microfinance retail services including credit, savings, remittance and social security schemes to the target clientele.  Effective client targeting, streamlined loan sanction processes and strict credit discipline are contributing factors of MNBBL microfinance programme to meet its dual objective of financial self-sustainability and outreach.

To uplift socio-economic status of people through financial services.

Become a leading sustainable organization to provide various financial services to the needy targeted people for positive changes in their living status.

MNBBL’s goal is to maintain high morale among all stakeholders while providing financial services (credit, savings, remittance and social security program) to the majority of the clients with need based quality services.

Collect idle capital scattered in the form of informal sector and invest in industry, business, agriculture and service sector to increase productivity and self employment through customer friendly service delivery mechanism in urban, semi-urban and rural area.