The Natural Resource Development Corporation Limited (NRDCL) and Bank of Bhutan Limited (BoBL) on May 10 signed a Memorandum of Understanding where BoBL agreed to adopt two areas for tree plantation at Debsi in Thimphu with a funding of Nu 443,295. The tree plantation is an initiative to mark the 50th anniversary of the bank. Last year BoBL planted 35,200 saplings on four hectares at Sangaygang in Thimphu.