KATHMANDU: Nabil Bank Limited has entered into a historic journey by completing 42 years of establishment.

KATHMANDU: The bank, which has been pioneering modern technology in the Nepali banking sector since its establishment, on the occasion of its 42nd anniversary, has expressed its commitment to go beyond traditional banking imperial boundaries.

At this historic time, the bank has strongly pursued the concept of ‘Banking & Beyond’ with the vision to build a more inclusive and prosperous future for the customers, the community and the economy of the country as a whole.

‘Trust is our wealth, innovation is our DNA’ – Chairman Nirvana Kumar Chaudhary

On the occasion, Chairman of the Bank, Nirvana Kumar Chaudhary, delivered a speech on the bank’s past, present and future roadmap. “For the last 42 years, Nabil Bank has had only one thing beating in its heart and that is trust,” he added.

Chairman Chaudhary further shared, “As Nabil Bank is witnessing 42 years of glorious journey, I would like to express my gratitude to our customers, shareholders, regulators, partners and our dedicated staff members. This faith is our greatest asset and will be the solid foundation of our future. ”

Stating that the economic and industrial scenario of Nepal has changed a big way in the past four decades, he said that the Nabil Bank has never waited for change but has always been leading it.

“We have laid the foundation of modern banking. We have established ourselves as Nepal’s first digital bank and transformed our customer’s banking experience with NPC App,” Chaudhary shared.

“By establishing Nepal’s first private commercial bank, we have opened new doors for industry and investors. Today, Nabil Bank is the only financial group in Nepal providing complete financial ecosystem which includes commercial banking, investment banking, stock broker, merchant banking, capital market and digital banking under one roof. We have not only embraced innovation, it is in Nabil’s DNA. ” he says.

Nabil’s Leadership Role in the Era of Artificial Intelligence (AI){{TAG_OPEN_strong_68 TAG_CLOSE_strong_68}}

}

During the address, Chairman Chaudhary announced that the bank has entered into the era of ‘Artificial Intelligence’ (AI), the biggest transformational era in the banking history. AI is more than just a common technology, it’s redefining decision-making, risk management, business operations, and the financial experience of our customers.

“Nabil Bank is ready to not only participate in this transformation but also lead it,” he added. This will make banking services smarter and personalized. This will lead to faster credit flow, better risk management, intelligent customer experience, greater financial inclusion and development of a robust safety net.

No matter how intelligent the technology becomes, our core purpose will always be aligned with human emotions and values, because banking is not just a financial transaction, it is a medium to make dreams come true, support entrepreneurs, build a family’s future and contribute to Nepal’s prosperity. ”

Rapid financial growth and strategic performance

}

Similarly, CEO of the bank Mr. Manoj Kumar Gyawali expressed his gratitude to all stakeholders for their continued support and support in a happy journey of the bank.

“This journey that began in 1984 as the first technology-friendly private sector bank of Nepal has reached to a glorious height because of the unwavering trust and sincerity of hundreds of thousands of employees.

“As we celebrate this historic achievement, we look to the future with more confidence, innovation and commitment to create sustainable value for our customers and the nation. We are not just a banking institution, we are a trustworthy partner to support you in your journey to your dreams, possibilities and success. For us, this is what banking and beyond,” CEO Gyawali said.

Considering the changing banking expectations of its customers and the need for sustainable development, the bank remains determined to be the most trusted, reliable and future-ready bank in Nepal. The bank, which has been increasing its investment in strategic and productive sectors for the economic development of the country, is as follows:

Agricultural Sector: Rs. 53.31 billion

Energy Sector: Rs. 51.6 billion

TAG_OPEN_em_72 Micro, Domestic, Small and Medium Enterprises (SMEs): Rs. 45.92 billion

Tourism Sector: Rs. 11 billion, 100 million

Unprecedented Progress in Major Financial Indices

During the last 42 years, the bank has made a phenomenal presence in the financial market:

TAG_OPEN_em_70

Net Worth and Profit: The total net worth of the bank in the financial year 2041/42 is Rs. Rs. 2.80 crore and net profit Rs. As of the third quarter of the current fiscal year 2082/83, the net worth was Rs. 10 lakhs. 70.83 billion and net profit of Rs. It has reached Rs 6.76 billion.

Deposits and Loans: In the initial phase, Rs. The deposit collection has increased to Rs. 14.60 crore. The loan disbursement has reached Rs. 588.85 billion. From Rs. 13.30 crore It has reached Rs 464.10 billion. The total assets are also Rs. From Rs. 26.90 crore It has reached Rs 718.42 billion.

Network Network: What started with 2 branches and 144 employees now includes 264 branches, 315 ATMs, 18 extension counters and 2469 employees all over the country serving more than 2.6 million customers.

Anniversary Customer-Centric Plans & Offers

To celebrate the historic 42nd anniversary, Nabil Bank has announced 42 days long promotional programs and CSR schemes (CSR):

Reconstruction Home Loan Scheme: The bank has introduced this scheme targeting the people affected by the road expansion in Hetauda and Birgunj areas. The bank will provide concessional loan by adding 0.5 percent premium interest rate to the base rate

.

It has been reported.

Discount Offer on Locker & Gateway: The bank has come up with a special scheme for customers wanting to avail services like locker security deposit, credit card, debit card and electronic payment gateway (EPG). Similarly, the customers wanting to avail locker security deposit facility will get 42 percent discount while those who want to subscribe to EPG service will get 50 percent discount on their integration fee of Rs 15,000.

Credit & Debit Card Offer: Customers who apply for credit cards will also get discount on application fee and one-year subscription fee. These services will remain in effect for 42 days on the bank’s Anniversary. In case of debit cards, customers who apply on the anniversary will be able to use the card for four years.

The bank has been providing its services through a network of 264 and 315 ATMs across the country. The bank has been providing banking services to more than 26 lakh customers and looks forward to working together with all its stakeholders. The bank, which has been providing quality banking services for the past four decades, has recently adopted the concept of sustainable banking and brought into operation NBANK for digital banking.