Many deprived womens in the mid western rural areas have gained ecomomic as well as finanical support from the bank itself. It has helped in generating the income generating activities to those depriv...
View MoreMadhya Paschimanchal Gramin Bikas Bank Limited (MPGBBL) was established on Chaitra 28, 2051 B.S. (April 11, 1995) with the vision to strengthen the rural economy of Nepal. The mission of this Bank is to uplift the lives of people living in the rural areas of the country and to make them independent through self employment.
MPGBBL is registered under the Company Act of Nepal 2063 and operates under the Bank and Financial Institution Act 2063 (BAFIA). It is licensed as category "D" financial institution by Nepal Rastra Bank (Central Bank of Nepal).
The operational area of the Bank is Midwestern Development Region of Nepal. There are 3 Zones, (Karnali, Bheri and Rapti) and 15 districts in the scope of the Bank. Currently the Bank has 30 branches across 10 districts.
The Bank provides financial supports and training programs to rural population who come under poor and deprived sector. It encourages community based works and provide loan without collateral to women for small industries to overcome poverty. It is one of the Gramin replicator and follows Gramin financial system originated in Bangladesh by Prof. M. Yunus.