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Unified Directive 2077-2

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Summary

In September 2020, the Nepal's central bank, issued a Unified Directive to require all banks and financial institutions (BFIs) to integrate social and environmental risk management (ESRM) into their overall credit risk management process and formulate ESRM policies in compliance of the Guideline on Environmental & Social Risk Management (ESRM) For Banks and Financial Institutions.

Thumbnail image for In September 2020, the Nepal's central bank, issued a Unified Directive to require all banks and financial institutions (BFIs) to integrate social and environmental risk management (ESRM) into their overall credit risk management process and formulate ESRM policies in compliance of the Guideline on Environmental & Social Risk Management (ESRM) For Banks and Financial Institutions.
Issuer

Nepal

Year

2020

Region

Asia

Issuer (type)

Nepal Rastra Bank (NRB) (Central Bank)

Geographical scope

National

Mandatory or voluntary

Mandatory


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