Muktinath Bikas Bank signs agreement with NIBL Ace Capital

January 7, 2020 | Investopaper

Muktinath Bikas Bank has signed an agreement with NIBL Ace Capital Limited. The agreement signed on January 6 (Poush 21) allows the bank to facilitate the purchase and sale of NIBL Sahabhagita Fund through its branches.

The MOU paper was signed by Mr. Til Bahadur Gurung, Assistant Deputy CEO of Muktinath Bikas Bank and Mr. Mekh Bahadur Thapa, Deputy CEO of NIBL Ace Capital.

After the agreement, investors can purchase or sell the units of NIBL Sahabhagita Fund from 20 branches of Muktinath Bikas Bank located at 7 states.