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NIBL marks 30th anniversary

By Our Reporter
nepal-investment-bankNepal Investment Bank observed its 30th anniversary amidst a function. The Bank has established a record for being decorated with the prestigious international award “Bank of the Year” for the fifth time. Recently, the Financial Times in London had awarded the Bank with the award.
The Bank is the first private sector Bank which has been able to meet the target of eight billion rupees as the paid-up capital given by the Nepal Rastra Bank before the given deadline.
The Bank has been providing service from its 47 benches, two extension counters, 84 ATMs and 42 branchless networking to above seven hundred fifty thousand clients all over the nation.
In the last fiscal year 2073/74, the Bank had earned 4 billion 130 million rupees worth working profit whereas the net profit earned by the Bank was 2 billion 550 million rupees.
In the six months of the current fiscal year, the Bank has been able to earn net profit worth one billion 580 million rupees and it has been able to secure 8 billion 710 million rupees as the paid-up capital. The Bank has been able to establish 18 billion rupees worth Share Owners’ Fund. The Bank has become the first private castor Bank having largest amount of capital.

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