Shangrila Development Bank Marks 22nd Anniversary, Announces CSR Initiatives

Shangrila Development Bank has completed 22 years of operation and entered its 23rd year. The bank marked its 22nd anniversary with a program at its central office in Baluwatar on Friday, Kartik 13, 2083.

During the event, Chairman Ujjwal Satyal thanked the bank’s founders, board members, customers, shareholders, employees, regulatory bodies, and all others who have supported the bank throughout its journey.

Chief Executive Officer Rabin Sijapati expressed the bank’s commitment to making its services smarter, more modern, and more efficient in the coming days.

To mark the anniversary, the bank announced several corporate social responsibility (CSR) initiatives. It will organize a free health camp for women at Dandaphaya Health Post in Simkot, Humla, where services will be provided by a gynecologist.

The bank will also provide school uniforms and stationery to 103 students of Shree Ramdev Secondary School in Simkot-2, Humla. Additionally, Khungri Health Post in Sunil Smriti Rural Municipality-2, Rolpa, will receive one baby warmer and one autoclave drum set.

As part of the celebration, the bank also honored employees who had completed five and ten years of service by presenting them with tokens of appreciation.

With the trust and confidence of its customers, Shangrila Development Bank currently provides banking services through 109 branches and 30 ATMs. The bank has stated that it will continue expanding its services while maintaining strong corporate governance, risk management, and internal control practices.