Garima Bikas Bank Wins Silver Award for Best Presented Annual Report 2025

3rd July 2026, Kathmandu

Garima Bikas Bank Limited has been officially honored with the Silver Award under the National Best Presented Annual Report Award 2025.

Garima Bank Wins Silver

This highly respected financial accolade is distributed annually by the Institute of Chartered Accountants of Nepal (ICAN) to recognize outstanding achievements in corporate disclosure.

The specialized banking entity secured the second place prize within the competitive Development Bank category. The evaluation panel systematically reviewed the structural layout and transparency level of various banking balance sheets operating nationwide.

The formal distribution ceremony took place during a specialized corporate gathering organized in Kathmandu on Tuesday. ICAN President CA Nil Bahadur Saru Magar presented the silver trophy to Garima Bikas Bank Chief Executive Officer Madhav Prasad Upadhyay and Head of Accounts Keshav Timilsina.

CORE EVALUATION CRITERIA FOR EXCELLENCE

The national regulatory institute selects corporate winners based on an intricate vetting matrix that measures voluntary compliance habits. Garima Bikas Bank Limited earned the recognition due to its performance across several operational pillars:

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• High Standards of Financial Transparency: Presenting clear, accurate, and easily scannable data lines regarding capital management.
• Accountability to Stakeholders: Ensuring that all investor groups receive timely and reliable access to primary corporate accounts.
• Corporate Governance Frameworks: Maintaining highly disciplined administrative processes that mirror both national and international accounting ideals.
• Presentation Quality: Producing a comprehensive and organized annual statement for the fiscal year 2024/25 that clearly communicates corporate strategies.

The bank executive team stated that receiving the public award reinforces their long term organizational goals. By practicing rigorous auditing habits, the corporate enterprise builds deeper trust among retail depositors and institutional lending partners.

EXPANDIVE INFRASTRUCTURE AND COMMUNITY TOUCHPOINTS

The national award arrives during a period of steady operational growth and digital transformation for the financial institution. The development bank continues to scale up its technical capabilities to satisfy the requirements of an expanding consumer population.

The commercial infrastructure supporting these high transparency frameworks features an expansive nationwide network. The bank currently deploys multiple service touchpoints across various provinces:

• Network of 126 Branch Offices: Operating decentralized physical banking units to bring formal credit options to both urban and rural communities.
• Setup of 51 Automated Teller Machines: Providing reliable cash access channels around the clock for daily savers.
• Diverse Digital Banking Portals: Launching modern mobile apps and automated payment solutions to reduce traditional countertop dependencies.

The banking establishment currently delivers customer centric services to nearly 900,000 active clients across Nepal. Moving deeper into the current fiscal year, the corporate leadership plans to utilize this institutional momentum to deploy safer micro transaction tools while reinforcing its overall internal risk management practices.

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