Nepal Investment Bank Limited Bags “Nepal’s Best Bank 2021” Award

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Nepal Investment Bank Limited (NIBL) has won the title of “Nepal’s Best Bank” for the year 2021. This award is organized annually by Euromoney, a monthly business and finance magazine in Britain.

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Nepal’s Best Bank 2021: Nepal Investment Bank Limited

On July 14, Euromoney organized the “Euromoney Awards for Excellence” event where many banks from country and regional level participated for the nominations. In the country’s nomination, NIBL stood out amongst others from Nepal and bagged the title. Last year, Nabil Bank Limited (NABIL) was the winner of “Nepal’s Best Bank 2020”.

Nepal Investment Bank Limited Bags "Nepal's Best Bank 2021" Award

NIBL is expanding its services in a faster pace in the past years. This year too, it launched two apps that support digital payments. Named in a typical Nepalese words, Thaili app and Paisa Pathaune App are novel products in Nepalese banking sector. Thaili app is the bank’s mobile wallet which supports most of the mobile banking options. Additionally, the verified users of this app can even avail for loan disbursement from NIBL.

The another product “Paisa Pathaune App” allows Nepalese in India to directly send funds to their people back home. Recently, it has also launched virtual prepaid international card to ease its customers for international payment.

Also read: NIBL Launches “Thaili Digital Paisa“ App to Cater Digital Payment Services

With new fintech products and ever progressing customer experience, NIBL is one of the best banks to provide card services. In addition to this, NIBL’s card center supports not only its customers but also the other banks. It supports for the preparation of Nepal Bank Limited’s newly launched Debit card. The card service is excellent which is available for 24 hours.

In these 35 years of establishment, the bank has maintained 86 branches all over the country. Similarly, it has around 131 ATM booths and 30 extension/revenue collection centres. Moreover, it has extended its branchless banking services to 58 units.

Lets Know More About Euromoney

Euromoney is a magazine dedicated to finance and economy enthusiasts as well as businesses. It is a monthly magazine that covers for an array of topics like capital markets and forex, fintech, banking sectors, investment and many more.

Moreover, it runs on a subscription basis like other popular web portals, delivering valuable financial contents through blogs, surveys and podcasts. Along with that, it annually runs “Euromoney Awards for Excellence”, recognizing the top banks in the world.

The magazine publishes this annual award nominating the outstanding banks in regional and country levels. It collects the submission from the participating banks and nominates the awardee. This year, they received pitches from more than 1000 banks around the globe.

In Asia, banks from 23 countries submitted their application this year and Euromoney nominated the best banks in each of them. They nominate the banks on the basis of their contribution to the economy, innovation and customer service. This year, NIBL bagged the title among the Nepalese banks.

Euromoney 2021

The bank celebrated its success by thanking its every customers. Tech Sathi congratulates NIBL for their new achievement and wishes to see more innovative products/services from it.

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Hi, I am a postgraduate student of Economics, stock market enthusiast, an occasional storyteller and a habitual reader.

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