BIZ BRIEFS

KATHMANDU, FEBRUARY 27

Nepal Investment Bank Ltd (NIBL) having reached the milestone of 35th year has been providing quality banking services through 87 branches, 30 extension counters, 59 branchless banking centres and 130 ATMs, spread across seven provinces of the country.

On its 35th anniversary, the bank organised 'Samman Rally' to express solidarity with medical personnel and frontline workers for their contribution during the global pandemic COVID-19.

Further, the bank has launched promotional loan offer for the health workers at reasonable interest rates. The bank has offered special discount of 65 per cent on banking services - debit cards, credit cards including EMI, locker, e-commerce/online payments and SME/retail loans.

On this occasion, the bank has also launched its third comic book named 'Hamro Sukha Dukha Ka Sathi, Bank Kati Jaati'. This initiative is in line with the comics - 'A Visit to the Zoo' and 'Bank Sangako Naata, Mero Aafnai Bachat Khata' promoting financial literacy launched during previous anniversaries.

Over the course of 35 years with the capital base of Rs 29 billion, the bank has served over 1.2 million customers and has been able to meet deposit of Rs 169 billion and maintain credit portfolio of Rs 155 billion.

The bank has provided small loans of over Rs five billion directly to more than 30,000 individuals.

A version of this article appears in the print on February 24, 2021, of The Himalayan Times.