Nabil Bank has handed over an oxygen plant to National Acamedy of Medical Sciences (Bir Hospital). The plant was handed over to Bir Hospital during a formal event organized today. The Bank has handed over the plant on the day of its 37th anniversary. A Memorandum of Understanding (MoU) was signed between the Bank and National Academy of Medical Sciences (NAMS), Bir Hospital on 18th May 2021 for installation of the oxygen plant within the premises of Bir Hospital. As per the MoU, Nabil Bank has provided financial support for setting up the oxygen plant with a capacity of 50 Nm3/H and Bir Hospital has provided the required space. The oxygen plant will be able to fill 150 cylinders of 40 liters per day.
During the second wave of COVID-19, many people lost their lives due to lack of proper treatment and oxygen shortage. As some parts of the world are facing a third wave, the Bank believes that the oxygen plant will help respond to the third wave by supplying oxygen to patients. From the very beginning, the Bank has undertaken various CSR activities to help prevent and control the ongoing pandemic including a financial support worth NPR 60 million provided to Nepal Government’s Corona Relief Fund.
Similarly, the Bank has supported the initiative on ‘Strengthening Local Health Systems for Preparedness and Response to Pandemics’ under which 330 health practitioners from all seven provinces were provided with trainings. Now, with the intention of extending support to curb the shortage of oxygen and prepare for the worst-case scenario in the third wave of COVID, the Bank has stepped forward to install an oxygen plant at Bir Hospital.