Kathmandu, December 2

Standard Chartered Bank Nepal has been awarded the prestigious ‘Bank of the Year’ award at The Banker Awards 2015. The award was announced at a grand gala dinner programme held at an award ceremony in London today.

“This award is a testimony of our commitment to serve our clients in this market consistently over so many years,” the statement issued today quoted Chief Executive Officer of Standard Chartered Bank Nepal, Joseph Silvanus, as saying. “We are proud to be able to make positive contributions in Nepal. This award reiterates that we are ‘Here for good’ in Nepal.”

In addition to the ‘Bank of the Year 2015’ award, the bank has also won three other prestigious awards this year — 2015 Euromoney Awards for Excellence, World’s Best Emerging Market Banks for 2015 from Global Finance and the World’s Best Consumer Digital Banking Awards for 2015 in Nepal from Global Finance magazine.

Now in its 16th year, The Banker Awards is one of the most prestigious events within the industry. The Banker is the world’s premier banking and finance magazine, read in over 180 countries around the world. The Banker is the key source of data and analysis for the industry. Its unique database of more than 4,000 banks, maps their financial strength and soundness via Tier I capital, profitability, and their performance versus their peers.

This is the fourth time Standard Chartered Bank Nepal has won the `Bank of the Year’ award. The bank had earlier won this award in 2002, 2009 and 2013.