First of all, I would like to thanks the Board of Directors of the financial institution of suryodaya laghubitta bittiya sanstha limited for selecting me in the position of Chief Executive officer.
Suryodaya laghubitta bittiya sanstha Limited Registered as a Public limited company on dated 2069-09-02 (17th December 2012) under Company Act 2006 . SLBS received operating license from central bank of Nepal as “D” class financial institution on the date of 2070-03-06 (20th june 2013) to operate under the Bank and Financial Institution Act 2006. It started formal microfinance operation from 2070-04-01 (16 July, 2013) on its first branch office located in Putalibazar 1 sysngja . SLBS having corporate office in western region of Nepal located putalibazar 1 syangja and authorized working areas are Syangja, Manang, Mustang, Parbat, Baglung, Myagdi, Lanjung, Rolpa, Gulmi & Pauthan districts which are situated in hilly & mountain area is getting introduced as one of reliable and trustworthy financial institution among people of Nepal.
As the Chief Executive Officer (CEO) and as I know Micro finance banking service as “banking right to all the poor people”, our major focus will be to expand Microfinance services to rural, backward, deprived and marginalized community through the nation and authorized working area (district). Moreover, SLBS is a new microfinance institution of Nepal that started formal operation from 16 July, 2013. Within a very short period, it has been able to expand its coverage in eight district & 24 branch offices. More the 15000 clients, More then Rs.36 karod loan, 12.5 karod deposit. It provides financial services through its branch network established in different parts of the approval district.
SLBS is aware about the client protection, social performance and sustainability issues. It will continue to work in increasing financial inclusion and creating benefits for the clients. We will design/refine its products, services, delivery models and channels that meet clients need and preferences.
At the end, I would like to express thanks and appreciation to my genuine, Nepal Rastra Bank, Government of Nepal, Board of Directors of SLBS and other concerned institutions who helped us to establish and grow. I hope to receive such cooperation in coming days also. Thanks to our client who believed in our products and services and trying to come out of poverty through our services.
Moscha Prasad Pangeni
CEO Of Suryodaya Laghubitta Bittiya sanstha Ltd.
Putalibazar 1, Syangja
Phone No: +977 ( 9856050362 )