Kathmandu. NMB Bank Limited has succeeded in becoming the best bank in Asia. For the first time in the history of Nepali banking, NMB Bank has won the 'Bank of the Year Asia 2021' award. Organizing a program, the bank said that NMB Bank has been awarded as the best bank in Asia. Sunil KC, Chief Executive Officer (CEO) of NMB Bank, said that the bank has been successful in getting this award due to the hard work and faith of all.
NMB Bank has been selected for the award by the jury of The Banker, a popular magazine published from London, UK. Banks from 48 Asian countries participated in the competition. NMB Bank has been declared the best bank in Asia after all the participants. The title was received by Prime Minister Sher Bahadur Deuba on behalf of the entire banking sector in the presence of the Chairman of the Bank, members of the Board of Directors and Chief Executive Officer of NMB.
Established in 2002, the Bank of the Year Award is given separately to the best banks in each country and to the best banks in six continents, including Western Europe, Middle Eastern Europe, Asia America, the Middle East and Africa. The award is considered a standard for evaluating banks around the world and recognizing them as one of the world's leading institutions. The award is given on the basis of various criteria such as growth and performance style of the bank, strategic initiatives of the bank, latest services and products brought using digital technology, activities for sustainable development and ability to cope with adverse conditions.