Nepal’s leading financial institution NMB Bank Ltd., a joint venture of FMO Netherlands, has been awarded “The Bank of the Year Asia 2021” by The Banker magazine, London, UK. NMB has been adjudged the best bank in the Asia beating out stiff competition from Asian giants including China, India, Hong Kong, South Korea and Japan, according to a press release issued by the bank on Wednesday.
The chairman of the bank and the CEO accepted the award on behalf of all the banking fraternity from the Prime Minister Sher Bahadur Deuba amidst a function at PM’s Office in Kathmandu on Wednesday, the press release reads. Congratulating the bank for creating the history, PM Deuba said that “the bank has enhanced the prestige of the entire Nepali banking industry by being honoured with the coveted award “The Bank of the Year Asia 2021.”
Along with this the bank has also been conferred with “The Bank of The Year 2021 Nepal,” for the fourth time,” remarked CEO of the Bank Sunil K.C. during a press briefing here. The decision for awards are made on the basis of growth and performance measures, strategic initiatives, leveraging of technology, and digitized measures, noel products and services, sustainable activities and resilience in face of negative externalities,” according to the press release issued by the bank.
NMB Bank has won this award because of its focus on sustainable banking, commitment towards digital transformation and high corporate governance standards.”
We are delighted to have won the award which is a testament to the hard work and dedication of our staff, the trust bestowed on us by our customers, regulators, the guidance of the NMB Board and support from all stakeholders,” said CEO K.C. Our efforts during Covid – 19 to ensure that our customers receive uninterrupted services through our digital Omni-channel platforms that have set industry standards and our efforts to support the communities where we operate in these crucial times have all contributed to the Bank’s success, he pointed out.