Nepal Investment Bank Ltd (NIBL) has felicitated Nepali climbers who have created a history in mountain-climbing by making the first ever winter ascent of the world's second highest peak, Mt K2 (8,611 metres).

Organising an event here today, Chairperson of NIBL Prithivi Bahadur Pandé honoured the K2 climbers and also handed over a cheque of Rs one million to support their campaign on climate change awareness.

Speaking at the event, Pandé expressed his gratitude and appreciation to the climbers for achieving such a huge feat. "This is a proud moment for all Nepalis and on behalf of the NIBL family, I would like to express my appreciation to all of you for making the entire country proud," he said, adding, "You have taught us about team work and how important it is to work together to achieve our common goals."

The whole team had waited for one another 10 metres below the summit to form a group before they stepped onto the summit together whilst singing the Nepali national anthem.

Pandé further requested his NIBL team to learn teamwork from the climbers.

"They risked their lives to scale the mountain in the winter with a message of climate change. I really appreciate Nirmal Purja and his team for achieving the goal together," he added. He also stated that NIBL is always ready to support the team's campaign.

Legendary climbers Mingma Gyalje Sherpa and Nirmal Purja (Nimsdai) along with other Nepali Sherpa climbers stood atop Mt K2 on January 16. Other members in the team included Mingma David Sherpa, Gelje Sherpa, Sona Sherpa, Mingma Tenzi Sherpa, Pem Chhiri Sherpa, Dawa Temba Sherpa, Kili Pemba Sherpa, and Dawa Tenjing Sherpa.

The recently held 34th annual general meeting of the bank for the fiscal year 2019-20 decided to distribute 18.5 per cent total dividend - 13 per cent bonus shares and 5.5 per cent cash dividend on its total paid-up capital to the NIBL shareholders.

During the year, NIBL earned an operating profit of Rs 3.51 billion. The net profit of the bank for the fiscal stood at Rs 2.42 billion whiles its paid-up capital reached Rs 14.24 billion.

During the last fiscal, NI- BL's deposits increased to Rs 166 billion from the previous year's total of Rs 152 billion.

Similarly, the total lending has reached Rs 141 billion compared to Rs 127 billion in the previous year.

NIBL has been catering to its customer from 83 branches, 128 ATMs, 20 extension counters, 10 revenue collection counters and 59 branchless banking counters.

The bank, being the recipient of five 'Bank of the Year' awards for exemplary service and business, was accredited with Euromoney awards for 'Best Bank 2018' from the international publication - Euromoney.

Further, ICRA Nepal (International Credit Rating Agency-Nepal) has given the bank a credit rating of 'A'.

A version of this article appears in the print on February 8, 2021, of The Himalayan Times.