KATHMANDU, July 25: Nepal Investment Mega Bank Limited (NIMB) has been honored with the “Best Bank in Nepal” at the Euromoney Awards for Excellence 2023.

Euromoney is a Britain-based esteemed international financial publication. This is the third time that NIMB has received this prestigious accolade. Earlier, the bank won the award in 2018 and 2021.

NIMB has bagged this award on the basis of its performance and strategic growth throughout the year. By providing tailor-made products and services and branchless banking to its clients, NIMB has been credited by Euromoney with ramping up financial inclusion throughout the country.

Providing loans at a concessional rate to ex-Army personnel, servicemen and their families, through the Deprived Sector Lending program, is another reason why NIMB has been awarded this year, as stated by Euromoney on their official website.

The NIMB’s paid-up capital stands at Rs 34.12 billion, and has one of the strongest financial standings amongst the Nepalese commercial banks, with the highest Shareholder’s Fund of Rs 59.95 billion in the country. 

NIMB has been providing its services from 296 branches, 280 ATMs, 62 extension counters, and 107 branchless banking counters. The bank, being the recipient of 7 ‘Bank of the Year’ awards for exemplary service and business, is an ISO 9001:2015 certified Bank with Credit Rating ‘A’ from ICRA Nepal, reads a press statement issued by the bank.

 
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