up to rs. 1 million to small farmers and micro - enterprises towards deprived sector lending has been made. 14. nepal has also developed institutional investors to mobilize resources through the channels other than the banking system. resource mobilized about rs. 500 billion by the non - bank financial institutions – employees provident fund, citizens investment trust and insurance companies – signals the investment capacity of the domestic institutional investors. however, it needs to be complemented by foreign institutional investment. 15. our capital market is still in the developmental phase. however, an increased interest among small investors shows the sign of the long - run growth prospect. nevertheless, increased foreign investment will be a catalyst in deepening and widening the market through the participation of institutional investors and diversification of instruments. ladies and gentlemen, 16. this is not to repeat that nepal needs to mobilize additional resources to develop much needed infrastructure for higher sustainable economic growth. the institutional framework and policy measures that we have designed provide business friendly environment and uphold the interest of the investors. i heartily welcome private sector and foreign investors to invest in nepal. this will contribute to the development of the nepalese economy and help investors to reap the maximum benefit on their investment. 17. nepal rastra bank is committed to promoting domestic investment as well as to facilitating foreign investors to invest, operate and repatriate through institutional and procedural arrangements. 18. last but not least, i take this opportunity to extend my sincere thanks to the organizers for organizing and distinguished guests for attending this event. i would like to thank you all for your participation in the summit and wish the foreign participants an enjoyable stay in kathmandu. thank you very much.

this year ). it will be expanded further over the longer term, in concertation with companies themselves and their representatives. its benefits are twofold. for companies, it is a single, objective measure, based on recognised methodologies, that will avoid the need to submit numerous different declarations, and allow them to gauge how far advanced they are in their transition compared with their sector average. for banks, it will be an additional, reliable and independent source of information. our contribution to greener finance will be a stimulus for other initiatives, from innovators in the ecosystem – fintechs or greentechs – who have the skills to develop tools to facilitate information - sharing, decision - making and ultimately the emergence of a financial world that is commensurate with our environmental ambitions. * * * i shall conclude my speech with a quote from rene magritte, the belgian artist who, granted, was not a specialist in finance : “ surrealism means banishing the ‘ deja vu ’ and looking for the ‘ not - yet seen ’ ”. you, the fintechs, are firmly page 6 sur 6 anchored in the real world, but are also playing a definitive part in its transformation by looking beyond established models. we, the acpr and amf, are realists but also have an eye firmly on the “ not yet seen ”. it is up to us, collectively, to make the most of technological innovations. thank you for your attention. page 7 sur 6 france fintech, etude, 25 july 2023. ernst & young, barometre du capital - risque en france : 1er semestre 2023 iii for example, for summarising, extracting and classifying data, or for generating computer code or text. iv la banque de france cloture son appel a contributions sur l ’ ia generative, press release, 21 september 2023. v or distributed ledger technology ( dlt ). vi regime pilote pour les infrastructures de marche dlt | banque de france ( banque - france. fr ) vii villeroy de galhau, f., wholesale cbdc : as decisive as retail cbdc, and actively experimenting, speech, 3 october 2023. viii estimate of the number of active users in the world, on a monthly basis. ix tradingview, marche des cryptos x chainanalysis, 2023 crypto crime report xi this is why the banque de france