The real issue is governance, not who owns bank shares

Himalayan Bank CEO Ashoke SJB Rana says transparency, not segregation of businessmen and bankers, is key to reforming Nepal’s financial sector.

Ashoke SJB Rana, CEO of Himalayan Bank Ltd, has decades of experience in the banking sector and is regarded as one of Nepal’s most seasoned bankers. Amid a growing debate on the proposed amendments to the Bank and Financial Institutions Act (BAFIA)—particularly regarding the separation of bankers and businesspersons—and rising concerns over non-performing loans, the Post sat down with Rana to gather his views. Below are excerpts from the conversation: