Sakchyam Opens New Satellite Office in Nepalgunj, Banke

March 10, 2016

March 9, Nepalgunj – At a special event today in Bhrikutinagar, Nepalgunj, Honourable Dr Chiranjibi Nepal, Governor, Nepal Rastra Bank inaugurated Sakchyam Access to Finance programme’s satellite office for the Midwestern region. The event brought together senior representatives of the Nepal Rastra Bank, all major banks and financial institutions in the region, DFID Nepal, local government authorities and members of the FNCCI and the local financial sector.

Sakchyam’s Nepalgunj office is the UKaid funded programme’s second satellite office. The office will be a fully functioning station which will liaise between Sakchyam’s Kathmandu office and partner institutions working in the region, to ensure essential support and guidance in implementing its innovative partnerships. Sakchyam’s first satellite office opened in Dadheldura in March 2015.

Speaking at the inaugural event, Honourable Dr Chiranjibi Nepal, Governor, Nepal Rastra Bank said, “Within a short span of time, Sakchyam has achieved great success in its transformative partnerships with banks and financial institutions, including its work to establish branch less banking touch points in earthquake-affected districts and beyond. I am confident that the opening of this satellite office will add efficiency to improve access to finance in Nepal’s most rural and impoverished regions.”

Reiterating Sakchyam’s mission for the Nepalgunj office, Mr. Baljit Vohra, Sakchyam Team Leader said, “We are very excited to establish a physical presence here in Nepalgunj, a region where we already have a presence with our partnerships through BFIs. We look forward to creating a tangible impact in the local financial landscape with our interventions through partner institutions.” Sakchyam is an access to finance programme implemented by Louis Berger for the Department for International Development (DFID Nepal) in partnership with local and international institutions.