Message from President

Nepal is passing through an important period of national transformation. Recent political and social changes have reflected the aspirations of a new generation seeking accountable governance, meaningful employment, technological advancement and better opportunities at home. This moment presents both challenges and a historic opportunity to rebuild confidence, strengthen institutions and create a more productive and inclusive economy.

Political change must now be translated into economic progress and tangible improvements in people’s lives. This requires stronger cooperation among the Government, regulators, financial institutions, the private sector and development partners.

Banks and financial institutions are not merely intermediaries of deposits and credit; they are essential partners in national development. By mobilizing savings, financing enterprises, supporting entrepreneurs and facilitating investment, the banking sector contributes directly to economic resilience, employment creation and social progress.

As the unified voice of Nepal’s commercial banks, development banks and finance companies, CBFIN remains committed to safeguarding financial stability, strengthening public confidence and enhancing the financial sector’s contribution to national development.

Our collective priority must be to channel resources towards productive sectors capable of creating jobs, increasing domestic production, promoting exports and reducing import dependency. Agriculture and agro-processing, tourism, hydropower and renewable energy, information technology, manufacturing, infrastructure, healthcare and small and medium enterprises offer significant opportunities for Nepal’s future growth.

Nepal’s young and technology-oriented population is our greatest strength. The financial sector must help transform their ideas into viable enterprises through startup financing, financial literacy, innovative credit assessment and stronger connections among finance, skills and markets.

CBFIN strongly supports digital transformation and the responsible adoption of artificial intelligence, data analytics, cloud technology, cybersecurity and other emerging technologies. These innovations can improve institutional efficiency, enhance customer experience and extend secure and affordable financial services to communities throughout Nepal. Innovation, however, must be supported by sound governance, consumer protection, data security and effective risk management.

CBFIN looks forward to working closely with the Government of Nepal and Nepal Rastra Bank to promote policy consistency, regulatory clarity, investment and entrepreneurship. Through evidence-based research, constructive policy advocacy and continuous stakeholder engagement, we will support the development of a resilient, inclusive and forward-looking financial system.

As an Officiating President, I aspire to strengthen CBFIN as a credible and professional institution that protects financial stability while helping unlock Nepal’s economic potential. Together, we can replace uncertainty with confidence, dependency with productivity, and the migration of talent with meaningful opportunities at home.

CBFIN stands ready to be a committed partner in building a modern, prosperous and inclusive Nepal.

Rajesh Upadhyay

Officiating President