Nepal Investment Bank Limited (NIMB) successfully conducted its 38th Annual General Meeting (AGM) for the fiscal year 2080-81 at Rastriya Sabha Griha, Kathmandu. The meeting was chaired by Prithivi Bahadur Pandé, who also oversaw the election of the Board of Directors.
Among the promoter shareholders, Prithivi Bahadur Pandé, Dipankar Shakya Uday, Prajanya Rajbhandari, and Madan Kumar Acharya were elected unopposed. Meanwhile, Kabi Kumar Tibrewala and Shalik Ram Belbase secured positions as representatives from the public shareholder group.
The bank reported a net profit of NPR 4.11 billion for the fiscal year. Deposits surged by NPR 46.58 billion, reaching a total of NPR 407 billion, while loans expanded by NPR 6.1 billion, amounting to NPR 318 billion.
Currently, NIMB serves a massive customer base of 3.2 million through 272 branches, 266 ATMs, and 66 rural counters. The bank has received multiple accolades, including seven “Bank of the Year” awards and Euromoney’s “Best Bank” recognition in 2018 and 2021. It also maintains a solid credit rating of A from ICRA Nepal.
With consistent growth and strong financial performance, NIMB continues to strengthen its position as a leading player in Nepal’s banking sector.
