NIBL celebrates 30th anniversary

KATHMANDU, Feb 26: Nepal Investment Bank Ltd (NIBL) completed its 30 years of banking services on Friday. "Our mission is to be the best Nepali bank, delivering world-class services through a blend of state of the art technology and visionary management to achieve sound financial health with sustainable value addition to all its stakeholders," reads a statement issued by the bank.

"The bank is committed to this mission while ensuring the highest levels of ethical standards, professional integrity, corporate governance, and regulatory compliance."As at second quarter of the current fiscal year, NIBL has a deposit base of Rs 98.08 billion, and loan and advances of Rs 77.48 billion. The bank earned net profit of Rs 1.08 billion while its total assets is worth Rs 114.33 billion, financial results of the bank for the second quarter of 2015/16 shows.

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