15th November 2024, Kathmandu
Nabil Bank, one of Nepal’s premier financial institutions, has again demonstrated its commitment to financial excellence by securing the Best Financial Reporting Merit Award in the private sector category at the South Asian Federation of Accountants (SAFA) Awards.
Nabil Bank SAFA Award 2024
This prestigious accolade recognizes Nabil Bank’s unwavering dedication to financial transparency, accountability, and superior governance practices.
Celebrating Financial Excellence with SAFA Recognition
The SAFA Awards acknowledge financial institutions across South Asia that set benchmarks for the highest standards in financial reporting. This recognition is particularly significant, given the growing emphasis on clear and accurate financial communication. Nabil Bank’s annual report was highly commended for its clarity, precision, and responsiveness to stakeholders’ needs, reaffirming its leadership position in the banking sector.
A Testament to Consistent High Standards
Earlier in the year, Nabil Bank also secured the Gold Award for Best Financial Reporting in the Commercial Banking sector from the Institute of Chartered Accountants of Nepal (ICAN). This back-to-back achievement emphasizes the bank’s consistent efforts to uphold exemplary financial reporting standards. It reflects Nabil Bank’s proactive approach to ensuring that its financial communications are transparent and strategically aligned with international best practices.
Nabil Bank’s Commitment to Innovation and Customer Satisfaction
Serving a robust customer base of over 2.4 million, Nabil Bank operates a vast network of branches and ATMs throughout Nepal. The bank’s innovative services and customer-centric approach have been pivotal in shaping the future of banking in the country. By embracing modern technology and implementing forward-thinking strategies, Nabil Bank continues to set new standards for the banking industry.
Building a Strong Foundation for the Future
Winning the SAFA Award is a testament to Nabil Bank’s tireless efforts in enhancing financial transparency. As the bank forges ahead, it remains dedicated to delivering high-quality financial services while adhering to best practices in financial governance. This recognition is not just a win for Nabil Bank but also for the entire banking industry in Nepal, as it exemplifies the importance of transparent and accountable financial practices.
For more: Nabil Bank SAFA Award 2024
