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NIC Bank joined GTFP

Nepal Industrial & Commercial Bank has become the first Nepali bank to join the International Finance Corporation Global Trade Finance Programme. The GTFP supports trade with emerging markets from around the world and services between developing countries. Now IFC will confirm the NIC Bank's international letters of credit and guarantees. Sashin Joshi, CEO of NIC Bank and Per Kjellerhaug, Country Manager of IFC for Nepal signed the agreement.

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