FINVISION CONSULTANTS
Status: Completed investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
FIN VISION CONSULTANTS will be providing consultancy services to NMB Bank Limited. NMB Bank Limited is one of the leading commercial banks in Nepal, operating for over 20 years in the Nepalese financial market. The Bank has added focus in renewable energy, hydropower and project financing that form the crux of economic development of the country.
What is our funding objective?
Given the merger with other banks in 2015, there is a need to look for branch efficiencies for NMB Bank in Nepal. The main objective of this project is to develop an operational model to improve the administrative control leading to faster delivery of products and services and the optimization of the branch network.
Why do we fund this investment?
The main outcome of the project will be to have substantial improvements in efficiency, profitability, processes, systems and market share - Rationalization and improvement of Branches (East & West zone), With this project, FMO will continue to create value to NMB by providing guidance in the challenging integration progress with other four banks and with refining its new strategy with the support of FIN VISION CONSULTANTS.
- Region
- Asia
- Country
- Nepal
- Sector
- Financial Institutions
- Effective date
- 11/21/2017
- End date
- 1/30/2019
- Total FMO financing
- EUR 0.07 MLN
- Funding
- FMO NV