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Agriculture Development Bank - Business Officer - Exam Question 2074



Introduction
Agriculture Development Bank Limited (ADBL) is a self-sufficient association to a great extent possessed by Government of Nepal. The bank has been filling in as a chief provincial credit establishment since the most recent three decades, contributing a more than 67 percent of institutional credit supply in the nation. Subsequently, rustic back is the chief operational range of ADBL. Besides, the bank has additionally been engaged with business managing an account operations since 1984. 

The establishment of Bank and Financial Institution Act (BAFIA) canceled all Acts identified with money related foundations including the ADBN Act, 1967. In accordance with the BAFIA, ADBL has been joined as an open constrained organization on July 14, 2005. In this way, ADBL works as an "A" classification money related Institution under the legitimate system of BAFIA and the Company Act, 2053.

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