Nepal Investment Bank Ltd (NIBL) has been awarded the prestigious “Euromoney Award for Excellence 2021.” The prestigious banking industry award has been bestowed upon NIBL for the second time. Euromoney’s Awards for Excellence are the awards that really matter to the banks and bankers who really matter. The awards were the first of their kind in the global banking industry when they were established in 1992. Euromoney received a record number of submissions from banks around the world this year in the regional and country awards category, which includes more than 50 regional awards and best bank awards from 100 countries.
NIBL operates 86 branches, 131 ATMs, 20 extension counters, ten revenue collection counters, and 58 branchless banking counters throughout the country. With a capital base of NPR 30 billion, the bank has collected NPR 178 billion in deposits and has a credit portfolio worth NPR 167 billion. The bank, which has received five Bank of the Year awards for exemplary service and business, has been awarded Euromoney awards for “Best Bank 2018” by the international publication – Euromoney. In addition, ICRA Nepal (International Credit Rating Agency- Nepal) has assigned the bank an A credit rating.