Nepal Investment Bank expands in Bafal

Nepal Investment Bank Ltd. has opened a branch at Bafal, Kathmandu. The branch was inaugurated by the Chairman of NIBL, Mr. Prithivi Bahadur Pande.

The branch was opened with an objective extend convenient banking services to localities around Bafal, Kalanki and Sitapaila. As an initiative to attain financial inclusion, the Bank has been opening branches in deprived and underserved locations of the country.

NIBL has more than 8.7 lakhs customer base catered from its 77 branches, 8 extension counters across the country. NIBL has a network of 103 ATMs and leads a consortium 14 Visa Associate banks and 7 NPN member banks. There are almost 1.5 million cards issued by its network, along with 790 ATMs and 2,597 POS terminals.

NIBL recently received the “Nepal’s best bank” award from Euromoney Awards for Excellence -2018. It is the only bank in the country to have received the “Bank of the Year Award” five times from Financial Times Group’s The Banker, a UK based Bank magazine and has received a credit rating [ICRANP-IR] A+ from ICRA Nepal (International Credit Rating Agency- Nepal).