Kathmandu, Feb. 26
Nepal
Investment Bank Ltd. (NIBL) has completed 35 years in operation.
The bank
is expanded to 87 branches, 30 extension counters, 59 branchless banking centers
and 130 ATMs across seven provinces.
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, said the bank in a statement on
Friday.
The bank
has provided small loans of over Rs. 5 billion directly to more than 30,000
individuals.
On the
occasion, the bank organised 'Samman Rally' to express solidarity with medical
personnel and frontline workers for their contribution during the global pandemic
COVID-19.
It has
launched promotional loan offer for the health workers at reasonable interest
rates. It has also offered discount of 65 per cent on banking services like
debit cards, credit cards including EMI, locker, E-COM/online payments and
SME/retail loans.
Likewise,
it launched its third comic book named 'Hamro Sukha Dukha Ka Sathi, Bank Kati Jaati'
to promote financial literacy.
Published in The Rising Nepal daily on 27 February 2021.
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