Kathmandu, 12 October: A Memorandum of Understanding (MoU) has been signed between Global IME Bank and Muktinath Development Bank to provide non-fund based banking facilities to the customers of Muktinath Development Bank.
As per the agreement, the clients of Muktinath Development Bank will be able to receive non-fund based letters of credit, bank guarantee, document against payment, document against acceptance, trade transaction banking etc. from Global IME Bank on the recommendation of Muktinath Development Bank.
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