NIC Asia Bank Wins ‘Best in Digital Banking Award’ at ICC Emerging Asia Banking Awards 2024

NIC Asia Bank Wins Best in Digital Banking Award
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26th August 2024, Kathmandu

NIC Asia Bank has been honoured with the prestigious ‘Best in Digital Banking Award’ at the second ICC Emerging Asia Banking Awards.

NIC Asia Bank Wins Best in Digital Banking Award

The award ceremony took place during the ‘Banking Conclave 2024’ in New Delhi, India, on August 23, 2024. This accolade reflects the bank’s commitment to becoming a ‘Digital First Bank’ by progressively transitioning all its banking services to digital platforms.

The ICC Emerging Asia Banking Awards, organized by the Indian Chamber of Commerce, recognize exceptional achievements in the banking sector across various countries, including Nepal, India, Sri Lanka, Bhutan, Myanmar, and others. Banks from these countries competed across eight distinct categories, showcasing their innovations and advancements in the banking industry.

NIC Asia Bank emerged as the standout performer in the category of digital banking, demonstrating its excellence in leveraging technology to enhance customer experience and streamline banking operations. The award was determined based on an evaluation of 17 different indicators established by the Department of Economic Affairs and Policy under the Indian Chamber of Commerce. These indicators assessed various aspects of digital banking, including technological innovation, customer service, and operational efficiency.

NIC Asia Bank’s recognition underscores its strategic focus on digital transformation and its ongoing efforts to provide cutting-edge banking solutions. By adopting a digital-first approach, the bank has successfully integrated its services into digital channels, making banking more accessible and convenient for its customers.

The ‘Best in Digital Banking Award’ not only celebrates NIC Asia Bank’s achievements but also highlights its role in driving the future of banking through technological advancements. The award adds to the bank’s growing list of accolades, reinforcing its position as a leader in the banking sector within the region.

The ICC Emerging Asia Banking Awards aim to honour banks that excel in various facets of the industry, promoting innovation and excellence. NIC Asia Bank’s victory is a testament to its dedication to improving financial services through digital solutions, setting a benchmark for other banks in the region.

As the banking sector continues to evolve, NIC Asia Bank remains committed to advancing its digital capabilities and enhancing the customer experience, reinforcing its reputation as a forward-thinking and technology-driven financial institution.

NIC Asia Bank Wins Best in Digital Banking Award


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