Message from President

The Confederation of Banks and Financial Institutions Nepal (CBFIN) proudly represents commercial banks, development banks, and finance companies. Nepal’s BFIs continue to support their customers, entrepreneurs, the government, and communities and support the national economic recovery. CBFIN, as an umbrella organization of the banks and financial institutions in the country, shields commercial banks, development banks, and finance companies to sustain the financial sector. CBFIN’s emergence is being realized by the financial sector fraternity and policymakers for a long-term beneficial impact on the national economy. Innovation in BFIs services holds huge potentials in increasing competitiveness, promoting financial inclusion, and expanding access to banking services that ultimately drive the economy. In this regard, CBFIN focused its approach in the financial sector to make it healthy and strong to serve the customers.

It is an open secret that Nepal’s financial sector is moving in a roller coaster ride coupled with an unstable political situation, liquidity crisis, unfavorable policies, and even more challenging times due to covid-19 emergence. In such a challenging context, CBFIN has been constantly holding dialogues with the Nepal Rastra Bank, Ministry of Finance, banks, and financial institutions along with other related government and private sector organizations in a bid to protect and promote the overall financial sector and minimize the possible impact.

Since the 1990s, the financial sector of Nepal emerged as one of the strongest sectors of the economy followed by liberalized economic policies. This has supported the economy greatly in creating jobs, expanding businesses, generating more taxes for the government, boosting investment, and exploring economic activities to a greater extend. The financial sector has turned out to be the robust sector for the borrowers, investors, general public including the government when it comes to mobilization of finance/deposits/ loans and other resources for better livelihoods.

CBFIN is exclusively being engaged in research and development activities in the financial sector, investment, and other critical economic sectors of Nepal. Moreover, it greatly supports the financial sector in policy-related issues through coordination with the policy-making bodies with appropriate recommendations for policy reforms. It works with the national and international organizations in an attempt to strengthen the knowledge, increase economic activities, promote investment, create new jobs, and protect investment mobilized through banks and financial institutions.

We hope that the engagement of all banks and financial institutions of Nepal in CBFIN’s initiatives will deliver impressive ‘results and returns’ in the financial sector, enterprises, and the economy as a whole. We hope this will encourage you all to join us in achieving common benefits by bettering the financial sector with an innovative approach and upgrading progression in the competitive market environment.