NMB Bank bags "Bank of the Year – 2017'' award
Mon, Dec 4, 2017 9:00 AM on Latest, Featured, Stock Market,
NMB Bank has been awarded the prestigious "Bank of the Year-2017'', by the Financial Times, London.
The award reinforces NMB Bank as one of the top tier commercial Banks in the country, and is a testament to the remarkable growth trajectory that the Bank has embarked in the past few years.
Mr. Pawan Kumar Golyan, Chairman and Mr. Sunil KC, Chief Executive Officer of NMB Bank received the award at a gala black-tie dinner held on November 29, 2017 at the Hilton London Bankside.
The award comes as a feather in the cap for the Bank, which has already carved a niche for itself with a foreign JV partner FMO, Netherlands and becoming the sole Nepali Bank to become a member of the Global Alliance for Banking on Values (GABV).
Issuing a press statement published yesterday, the bank stated that it has currently consolidated Assets size of NPR 88 billion (US$ 864 million), Net worth of NPR 11.1 billion (US$ 109 million) and posted a Net Profit of NPR 451 million (US$4.3 million) at the end of Q1 of FY 2074/75.
The Bank of the Year award is recognized as the industry standard for banking excellence globally. The winners are judged on the basis of their ability to deliver returns to shareholders, bank’s financial performance, shareholders’ value, customers’ initiative, amongst others parameters. The award is indeed a testimony to the Bank’s relentless effort in giving the best to its customers and all the stakeholders.
"This award is dedicated with gratitude to our valued customers, shareholders, employees, regulatory bodies and well wishers who have consistently supported the Bank over the years. Our success strengthens our commitment to work harder to contribute towards a “Samriddha Nepal'' quoted a statement issued by the Bank.
The award comes as a feather in the cap for the Bank, which has already carved a niche for itself with a foreign JV partner FMO, Netherlands and becoming the sole Nepali Bank to become a member of the Global Alliance for Banking on Values (GABV).
Issuing a press statement published yesterday, the bank stated that it has currently consolidated Assets size of NPR 88 billion (US$ 864 million), Net worth of NPR 11.1 billion (US$ 109 million) and posted a Net Profit of NPR 451 million (US$4.3 million) at the end of Q1 of FY 2074/75.
The Bank of the Year award is recognized as the industry standard for banking excellence globally. The winners are judged on the basis of their ability to deliver returns to shareholders, bank’s financial performance, shareholders’ value, customers’ initiative, amongst others parameters. The award is indeed a testimony to the Bank’s relentless effort in giving the best to its customers and all the stakeholders.
"This award is dedicated with gratitude to our valued customers, shareholders, employees, regulatory bodies and well wishers who have consistently supported the Bank over the years. Our success strengthens our commitment to work harder to contribute towards a “Samriddha Nepal'' quoted a statement issued by the Bank.
