Kathmandu. Nabil Bank Limited has launched NBank (Neo Bank) for the first time in Nepal. Nabil Bank launched N Bank (Neo Bank) through a virtual program.

Bank Chairman Upendra Prasad Paudyal, Vice Chairman Nirwan Chaudhary, Chief Executive Officer Gyanendra Prasad Dhungana and Deputy Chief Executive Officer of NBank and Operations Vinay Kumar Regmi jointly launched NBank, Nabil Bank has transformed from a computerized bank to a digital bank. Nabil has become the first bank to lead digital banking by launching NBank, which has completely revamped the mobile banking app.

Nabil Bank has established NBank as a separate virtual branch. Chairman of Nabil Bank, Upendra Prasad Paudyal, said that NBank will bring changes in people's banking behavior and make a significant contribution to sustainable banking.

According to the bank, customers will be able to easily access all traditional banking services such as account opening, deposits, loans and payments through the use of NBank with the help of their mobile phones.

What is N Bank, how to use it?

NBank (Neo Bank) is a digital bank launched by Nabil Bank for the first time in Nepal by completely modifying the mobile banking app. Customers who are already using the Nabil SmartBank app will get an update where the logo will change from 'A' to 'N' for NBank. Moreover, the look and feel of the app has been updated to provide a new and modern user interface.

Even dignitaries who have not opened an account in Nabil Bank can now open a bank account through the NBank app on their mobile phones. Nabil Bank claims that it takes only 30 seconds to open an account through NBank. From opening their bank accounts to applying for loans, customers can now do all the activities directly from the NBank app.