Nepal Investment Bank completes 30 years of service

Published On: February 27, 2017 12:01 PM NPT By: Republica  | @RepublicaNepal


Nepal Investment Bank completes 30 years of service

KATHMANDU, Feb 27: Nepal Investment Bank Ltd (NIBL) has completed 30 years of banking service. According to the bank, it was established in 1986 with the aim to be a top Nepali bank by providing world class services.

The bank claims that it has highest paid-up capital of Rs 8.7 billion amongst all banks and financial institutions of the country. Issuing a statement, NIBL said it earned operating profit of Rs 4.14 billion and net profit of Rs 2.25 billion in the last fiscal year.

The bank has been providing banking services, through 47 branch offices and 84 ATM outlets, to over 750,000 customers, the statement added.

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