NIBL celebrates its 35 year milestone

On the bank’s 35th anniversary, Nepal Investment Bank organised “Samman Rally” to express solidarity with medical personnel and frontline workers for their contribution during the global Covid 19 pandemic on February 26. The Bank also launched a promotional loan offer for health workers at reasonable interest rates. It has offered special discount of 65% on banking services viz. Debit Cards, Credit Cards including EMI, Locker, E COM/ Online Payments and SME /Retail loans. On the occasion, the Bank also launched its third comic book named “Hamro Sukha Dukha Ka Sathi, Bank Kati Jaati”. This initiative is promote financial literacy and a continuation of similar comics launched during previous anniversaries. NIBL has 87 Branches, 30 Extension Counters, 59 Branchless Banking Centers and 130 ATMs spread across seven provinces of the country. Over the course of 35 years with the capital base of Rs. 29 billion, the Bank has served over 1.2 million customers ranging from corporate, SMEs and individuals and has been able to meet deposit of Rs. 169 billion and maintain credit portfolio of Rs. 155 billion with banking facilities provided to deprived as well as national priority sectors contributing to uplift the nation’s economy. The Bank has provided small loans of over Rs. 5 billion directly to more than 30,000 individuals across the country.