Historic Win: ADBL Secures Triple SAFA Awards 2024 For Best Annual Report & Governance

29th November 2025, Kathmandu

Agricultural Development Bank Limited (ADBL) has achieved a monumental, first-ever success in its history by securing three prestigious international awards from the South Asian Federation of Accountants (SAFA).

ADBL Triple SAFA Awards

This landmark recognition, received at the SAFA Awards 2024 ceremony in Islamabad, Pakistan, not only elevates ADBL’s standing but also sets a new benchmark for public sector excellence in the Nepalese banking industry.

Triple Honors for Transparency and Governance

In an unprecedented achievement for the bank, ADBL was conferred with the following major accolades in the “Public Sector Category”:

Best Presented Annual Report Award

Integrated Reporting Award

SAARC Anniversary Award for Corporate Governance Disclosures

This triple win highlights ADBL’s profound commitment to best practices in financial reporting, comprehensive stakeholder communication, and adherence to the highest standards of corporate integrity and disclosure.

A Milestone Never Before Reached

The sentiment expressed by the bank—”Never ever before in Agricultural Development Bank’s (ADBL) History” and “First International Recognition” underscores the significance of this milestone.

The SAFA Awards are widely regarded as the most prestigious accolades for excellence in financial reporting, transparency, and accountability across the South Asian region.

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Receiving these awards reflects ADBL’s continuous dedication to:

Integrity and Ethical practices

Strong Corporate Governance

Compliance, Transparency, and Accountability

Delivering trusted and qualitative financial statements disclosures

Gratitude to the Pillars of Success

The bank expressed its immense delight and deep honor, extending heartfelt thanks and congratulations to its Board of Directors, staff members, and all other stakeholders.

This collective effort was key to achieving this historic milestone in ADBL’s long and distinguished history.

The recognition is expected to further inspire ADBL to continue striving for excellence and meaningfully contribute to the credibility and growth of the Nepalese public sector and the wider corporate community.

For more: ADBL Triple SAFA Awards