NIC Asia enters 20th year of operation

NIC Asia Bank Limited held an anniversary program at Hotel Soaltee Crown Plaza after successful completion of its 19 years of operation and entering its 20th year.
Mr. Laxman Risal, CEO of NIC Asia Bank highlighted the bank’s long term policies and plans for the 3 years and its vision of becoming one of the best banks in Nepal. By 2020, the bank plans on opening 300 branch offices and 1000 ATM outlets.
Till now, the bank has extended its branch offices to 125. The bank has been providing services to more than 2.50 lakh customers, 5 lakh 50 thousand deposit customers and more than 25,000 customers are using digital banking.
Manisha Koirala, Brand Ambassador of the bank highlighted the bank’s customer-friendly service and strategies. Also, on the program the bank’s 20th anniversary TVC and Souvenir video was launched with the Product ambassador Indira Joshi launching the bank’s anniversary jingle.
The bank has also provided good returns to its shareholders. Mr. Jagadish Pd Agrawal, director of the bank, informed that shareholders who had invested Rs 100 per share at the time of its commencement, have earned profit of upwards of Rs 3,490 per share till date.
NIC Asia was certified with ISO 9000:2008 for its quality system in commercial banking activities making it the only commercial bank in Nepal with an ISO certificate International. The bank was also awarded with Bank of the Year title in the year 2007 and 2013 by The Banker.
