Best Finance introduces new eco-friendly deposit product in line with NRB’s Green Finance Taxonomy 2024.
Best Finance Limited has launched a new financial product — the Green Savings Deposit — with the objective of reducing climate-related risks and promoting green finance in Nepal. The initiative is aligned with the recently introduced “Nepal Green Finance Taxonomy 2024” issued by Nepal Rastra Bank, and is part of the company’s efforts to implement environmentally responsible banking practices.
As part of the Green Savings Deposit scheme, a tree will be planted in the name of every customer who participates in the plan. This symbolic yet impactful initiative allows depositors to directly contribute to environmental protection, reinforcing Best Finance’s commitment to sustainability and corporate social responsibility.
To implement this campaign effectively, Best Finance has partnered with Lions International District 325 S Nepal. A memorandum of understanding was signed between BN Gharti, Chief Executive Officer of Best Finance, and Chintan Bajracharya, Area Chief Coordinator of Lions Club. Under the collaboration, the two institutions will work together to identify vacant land in coordination with local governments, plant and care for saplings, and officially hand over the matured trees to the respective local bodies after five years.
The campaign officially began with the plantation of 500 saplings at Godamchaur in Ward No. 1 of Godawari Municipality. The plantation event was attended by key stakeholders, including Shreeraj Thapa, Chairperson of Ward No. 1; Prof. Dr. Ramji Gautam, Chairperson of Best Finance; CEO BN Gharti; employees of Best Finance; and representatives from various Lions Clubs. More than 50 clubs under Lions International District 325 S Nepal also expressed solidarity and support for the campaign, highlighting a strong community commitment to environmental sustainability.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
