‘NMB Bank’ has been awarded “The Bank of The Year Asia 2021” by The Banker magazine, London.
The Chairman of the bank including its board of directors and the CEO accepted the award from Prime Minister Sher Bahadur Deuba. PM said that the bank has enhanced the prestige of the entire Nepali banking industry by being honored with the coveted award "The Bank of the Year Asia 2021".
NMB Bank is the first ever bank to receive this award. Along with this, the bank has also been conferred with “The Bank of The Year 2021 Nepal” for the fourth time in five years. The award was announced amid a press conference held yesterday at the Everest Hotel, on the same day of the official announcement from The Banker Magazine, London.
The Bank of the Year Awards, established in 2000, are given to the best banks from each country and six global regions of Western Europe, Central & Eastern Europe, Asia, Americas, Middle East and Africa and the award is regarded as the industry standard for assessing banks across the globe and provide recognitions to the world’s leading institutions. Decision for awards are made on basis of growth and performance measures, strategic Initiatives, leveraging of technology and digitization measures, novel products and services, sustainable activities, and resilience in face of negative externalities.
“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. 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,” said Sunil KC, CEO, NMB Bank.