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ECONOMY

NMB wins Bank of the Year 2021 Asia and Bank of the Year 2021 Nepal

KATHMANDU, Dec 2: NMB Bank, one of Nepal’s premier financial institutions, has added yet another prestigious award to its list of accolades with a win that is also an historical.
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By Republica

KATHMANDU, Dec 2: NMB Bank, one of Nepal’s premier financial institutions, has added yet another prestigious award to its list of accolades with a win that is also an historical.



The bank has been awarded “The Bank of The Year Asia 2021” by The Banker magazine, London UK, the first of its kind recognition to any financial institutions in Nepal. NMB Bank has been adjudged the best bank in Asia beating out stiff competition from Asian giants such as China, India, Hongkong, South Korea and Japan.


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NMB Bank in a statement said it is the first ever bank to receive this coveted award, which is a historical achievement in itself for the banking industry in Nepal. Along with this, the bank has also been conferred with “The Bank of The Year 2021 Nepal” for the fourth time in five years. The award was announced amid a press conference held on Wednesday at the Everest Hotel coinciding the day of the official announcement from The Banker Magazine, London.


The Chairperson of the bank including its board of directors and the CEO accepted the award on behalf of all the banking fraternity from Prime Minister Sher Bahadur Deuba. “We are delighted to have won the award which is a testament to the hard work and dedication of our staff, the trust bestowed on us by our customers, regulators, the guidance of the NMB Board and support from all stakeholders,” said CEO of the NMB Bank Sunil KC. 


“Our efforts during Covid-19 to ensure that our customers receive uninterrupted services through our digital Omni-channel platforms that have set industry standards and our efforts to support the communities where we operate in these crucial times have all contributed to the Bank’s success,” KC further said.


 

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