Nepal Bankers Association Expresses Deep Sorrow Over Flood Devastation and Reports Missing Bank Employees

27th August 2026, Kathmandu

The Nepal Bankers Association has expressed deep sorrow over the significant loss of life, property, and physical infrastructure caused by devastating floods and natural disasters in Rasuwa and other districts.

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In an official statement issued on Tuesday, the association paid tribute to the deceased and offered heartfelt condolences to bereaved families.

Operational Impact and Branch Closures

Infrastructure Disruptions: Severe damage to local infrastructure along with widespread disruptions to electricity, internet, and telecommunications services have created major operational challenges across flood affected zones.

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• Global IME Bank: Seven branch offices have been forced to close due to flood impacts.
• Nepal Investment Mega Bank: Five branch offices have temporarily suspended local operations.
• Nabil Bank: Four branch offices remain closed.
• NIC Asia Bank: Three branch offices have ceased operations temporarily.

Status of Bank Employees and Missing Personnel

General Safety Status: Most bank employees serving in affected districts are reported safe, though communication gaps remain in several hard hit locations.

Total Uncontacted Staff: A total of 27 employees across seven different banks remain out of contact following the disaster.

• Machhapuchchhre Bank: Five employees working at the Timure branch remain out of contact.
• NMB Bank: Four employees stationed at the Timure branch have not yet been contacted.
• Nepal Investment Mega Bank: Seven employees across the Syaphrubesi branch, Timure branch, and Mailung Extension Counter remain unreachable.

Relief Efforts and Sector Coordination

• Service Continuity: Banks are utilizing alternative arrangements and available resources to maintain basic banking services for customers in disaster zones.
• Institutional Cooperation: The association is actively coordinating with the Government of Nepal, Nepal Rastra Bank, and relevant authorities to restore full service delivery.
• Support Commitment: The banking sector pledged comprehensive support toward government rescue, relief, and rehabilitation initiatives while providing aid to affected employees and impacted local communities.

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