IFC's special honor to Investment Bank

Aug Sat 2020 11:46:33

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IFC's special honor to Investment Bank

Kathmandu. Nepal Investment Bank Limited (NIBL), one of the largest private sector banks in Nepal, has been awarded the World Bank Group Member of the International Financial Corporation (IFC) as the 'Best Partner-2019, Low-Income IDA Countries'. , South Asia 'has received honors and awards.

IFC has partnered with Nepal Investment Bank to promote trade finance in Nepal, which has helped the bank increase support for local entrepreneurs and increase international trade opportunities.

IFC's trade finance support enables the country's large (corporate) and small and medium enterprises to increase their share of global trade and gain recognition from a wide range of global agent banks.

NIBL serves its customers through its 82 branches, 124 ATMs, 17 extension counters, 10 revenue collection counters and 56 branchless banking counters.

The bank, which has received the Bank of the Year award from the Financial Times five times, has also been awarded the Best Bank 2018 Euronomi Award for exemplary service and business from International Publishing-Euronomi. In addition, ICRA Nepal (International Credit Rating Agency-Nepal) has given the bank an 'A' class credit rating.