Banking News – Kumari Bank Limited has entered into a strategic partnership with Minergy Initiatives to promote green banking practices and support sustainable development through collaborative projects focused on environmental sustainability and financial inclusion.

The Memorandum of Understanding (MoU) was signed by Chandan Karki, Chief Investment and Market Management Officer of Kumari Bank, and Shyam Sundar Shrestha, Chairman of Minergy Initiatives.

The partnership aims to strengthen green banking initiatives by enhancing the capacity of both communities and the banking sector, enabling greater access to sustainable finance while developing financial services tailored to the needs of target communities.

Speaking on the collaboration, Arpan Poudel, Head of the Sustainable Banking Department at Kumari Bank, said that a strong ecosystem is essential to bridge the gap between international climate finance and target entrepreneurs by understanding both community realities and banking risk frameworks.

“This partnership will play a significant role in transforming capacity-building efforts into meaningful financial inclusion,” Poudel said.

Currently, Kumari Bank serves customers through a nationwide network of 286 branches, 304 ATMs, 40 extension counters, 41 branchless banking units, and 1,233 POS terminals, supported by a wide range of modern digital banking services.

The bank believes that the collaboration with Minergy Initiatives will contribute significantly to the promotion of green finance, sustainable economic development, and the transition toward a cleaner and more climate-resilient future, while reinforcing Kumari Bank’s commitment to innovation, transparency, good governance, and customer-centric banking.