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Description: Chhimek Laghubitta Bikas Bank Ltd. (CLBBL) registered as a Company in December 2001, received its banking license in January 2002, from Nepal Rastra Bank (The Central Bank) under the Development Bank Act 1995. It was established by the Neighbourhood Society Service Centre (NSSC), which carried out earlier its own microfinance activities in Mahottari and Chitwan districts of Nepal. When the new Financial Intermediary Act came into effect, NGO’s were restrained from mobilizing client savings, and , additionally more recognized legal entity for providing micro-finance services to the members was required. Thus, as an initiative of NSSC and with the help from various commercial banks and promoters, CBB was established. - From the website 2018.12.03 Organization founded in 2001
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Subject: Non-governmental organizations--Nepal, National interest -- Nepal, Microfinance, Poverty, Social justice, Women in sustainable development , Sustainable development -- Finance
Creator: Chhimek Laghubitta Bittiya Sanstha Ltd.
Language: English, Nepali
Coverage: Nepal
Identifier: https://hdl.handle.net/1813.001/wa04536
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