NMB Bank has been named The Bankers Bank of the Year 2020 by The Financial Times London as the best bank in Nepal for the year 2020. This is the third time in the last four years that the bank has received this honor.
The Bank has been providing quality banking services to more than 1.2 million customers by operating its branches in various cities and rural areas of the country in a balanced manner to make itself strong and robust.
In this context, the Bank has been able to establish itself as a different mainstream bank by significantly increasing its credit investment in the primary sectors such as renewable energy, agriculture, small and medium enterprises and becoming a partner in Nepal’s economic development.
NMB Bank is the only “A” class commercial bank in Nepal of Global Alliance Banking on Values (GAVA) and is committed to promoting sustainable value-based banking services in Nepal.
As a result, the Bank has the opportunity to work on a shared agenda with some of the world’s best banks, such as ABN Amro and Morgan Stanley, members of the Partnership for Carbon Accounting Financial Steering Committee.
NMB Bank who has grabbed the covetous title in 2017 and 2018 also is the most preferred bank for foreign investors to invest in the Nepali financial market, as a result of which the bank has been able to attract significant foreign investment in the country even in difficult times.
The Bank is playing a leading role in implementing environmental and social risk management policies in Nepal.
The Bank of the Year title defines excellence worldwide. The winners are evaluated by various criteria such as performance of the bank’s financial capacity, return to the shareholders, initiatives for the benefit of the customers.
This is the third time in the last four years that the bank has been awarded the prestigious title.