Jeevan Bikas Laghubitta Bittiya Sanstha Limited, a national level "D" class financial institution promoted by Jeevan Bikas Samaj (Non-Governmental Organization), has been providing financial services since February 28, 2019. In accordance with the Regulations on Merger and Acquisition Bylaws of Banks and Financial Institutions, 2017 issued by Nepal Rastra Bank, the merger has been completed with Solve Laghubitta Bittiya Sanstha Limited and Garibi Nyunikaran Laghubitta Bittiya Sanstha Limited and the integrated transaction commences from September 7, 2020.
Moving forward with the main goal of building a Poverty-Free Nepal, this financial institution has been providing various services to raise the standard of living of poor families in rural areas. Currently, 285 thousand families have directly benefited from the 145 branch offices of this financial institution. With the intention of reducing economic inequality and expanding the services to the rural and unserved areas, this financial institution is providing various types of financial services (saving, loan, insurance and remittance). To enhance the living standard of local community, the financial institution is also working in the fields of education, health, agriculture, energy, employment development etc. with the support and cooperation of the concerned agencies.
For the development and promotion of cashless banking services, the financial institution is expanding its financial services in the rural areas in a simple and easy way by motivating the members towards the digital transactions. Keeping the interest of the members and the community at the forefront, it is providing timely facilities by studying the latest services that have a positive impact on the development of society.
Finally, I would like to express my heartfelt gratitude to the members and family members involved in this financial institution with discipline, diligence and honesty. I would also like to express my heartfelt gratitude to the regulatory bodies, government/non-governmental organizations, stakeholders, officials of banks and financial institutions, shareholders, board of directors, employees and well-wishers and all the dignitaries who have supported us directly and indirectly. I look forward to your advice, suggestions and support in the coming days.