MOU

A Memorandum of Understanding (MOU) between the Assessors and Registered Valuers Foundation (AaRVF), India, and the Banking Finance and Insurance Institute of Nepal (BFIN), Kathmandu, Nepal has been signed on the 23rd of April 2023.

Assessors and Registered Valuers Foundation is a non-profit organization under section 8 of the Companies Act, 2013 created to make valuation education accessible and affordable to all aspirants in India and to enable them to practice valuation as Registered Valuers.

Banking Finance and Insurance Institute of Nepal (BFIN) is established with the main objective to offer training, workshop, and seminar and enhance the knowledge, skill, and capabilities of the employees of the financial sector and other stakeholders, conduct research, placement services, and consulting to strengthening the financial sector, offer specific accredited courses and creating data bank for the use of banking community and help strengthen the financial system in Nepal.

The purpose of this MOU is to impart training and education to valuation professionals, including the exchange of ideas related to new methodologies, developments, and learnings in the field of valuation in both countries, and much more.

We are certain that this agreement will strengthen the prospects of both organizations.