Nepal Bank Refutes Misleading Reports of Financial Irregularities, Reaffirms Regulatory Compliance

Nepal Bank Limited has expressed serious concern over misleading and baseless news published by some Nepali media outlets, alleging that Rs. 20 Arba 40 Crores 15 Lakhs went missing in the fiscal year 2074/75.

The bank clarified that it maintains its accounts in accordance with Nepal Rastra Bank’s directives and prevailing laws, and regularly discloses audited financial reports quarterly and annually.

It urged the public not to believe such misinformation. The bank also reaffirmed its strong financial position and full compliance with regulatory guidelines, aiming to assure stakeholders, including the government, customers, and regulators.