Nepal Police-Everest Bank ink agreement to establish 'Everest Bank Scholarship Fund'

By A Staff Reporter,Kathmandu, Mar. 7: A Memorandum of Understanding (MoU) was signed between Nepal Police and Everest Bank Limited for cooperation to establish, operate and manage the 'Nepal Police-Everest Bank Scholarship Revolving Fund' during a programme held at the Nepal Police Headquarters on Monday.

On the occasion, Chief Executive Officer of the Bank Sudesh Khaling handed over a cheque of Rs. 2.5 million to Inspector General of Police Dhiraj Pratap Singh and exchanged the MoU documents.

IGP Singh thanked the Bank for the agreement and expressed his belief that more and more descendants of police personnel will benefit from it. 

He mentioned that because Everest Bank has been supporting the Nepal Police in various ways under its corporate social responsibility (CSR), it has helped facilitate the operations of the police.

IGP Singh recalled that the Nepal Police has been continuously providing security and support to the banks in accordance with the law. 

On the occasion, CEO Khaling said that the bank has been helping in various areas of the country under the CSR of the bank, and said that he was happy to contribute to the Nepal Police which is working round the clock to protect the lives of citizens. 

According to the agreement, the Nepal Police Head Office, Welfare Division will provide annual fee, examination fee, stationery to at least two hardworking students to the children of police personnel who have obtained excellent marks from serving, retired and martyrs and disabled police office assistants to senior constable rank studying in Nepal Police Schools.w