About Us
Introduction
Confederation of Commercial Banks and Financial Institutions Nepal (CBFIN) is an umbrella organization of commercial banks, development banks, and finance companies of Nepal established on October 18, 2019 (Ashwin 1, 2076) to promote and protect the interests of investors /stakeholders and explore business and investment potentials across the country to strengthen the financial sector.
CBFIN has been established with the major objectives of maintaining sound business relations between all sorts of financial institutions, take initiatives to promote healthy competition in the market and enhance investors’ confidence in the overall banking system. Moreover, CBFIN focuses its activities through policy dialogues and provide valuable inputs to the regulatory bodies based on research to protect the rights of depositors and investors. This initiative supports to create an enabling environment for delivering banking services to the people in a smooth manner and makes the economy more resilient.
The Confederation focuses its activities in a bid to improve financial system and identify problems/challenges beset in the financial sector and investment front as a whole and design solutions to resolve them. CBFIN, since its establishment, has been working with the Government of Nepal, Ministry of Finance, Nepal Rastra Bank and other related bodies and stakeholders with the objective of developing, expanding and upgrading the national economy through investment generation.
CBFIN has been facilitating and coordinating for the effective implementation of the rules, regulations and policies issued by the regulatory bodies. It has been professionally presenting its concrete suggestions on policy issues to the related bodies based on research to invigorate the development process, support to create new entrepreneurs and boost national economy.