Sanima Bank and British International Investment Sign $15 Million Trade Loan Agreement

Sanima Bank Limited (SANIMA) and British International Investment PLC have signed a $15 million trade loan agreement. The loan will be utilized for the import of hydro-mechanical and electro-mechanical equipment required for hydropower projects and for the procurement of raw materials in the construction process. The agreement was signed by Sanima Bank’s Chief Executive Officer, Nishchal Raj Pandey, and British International Investment’s Investment Director, Admir Imami. This partnership is expected to contribute significantly to Nepal’s energy needs and support the development of sustainable energy sources.