18th July 2025, Kathmandu
NIC Asia Bank director Ramchandra Sanghai has been honored with the prestigious Commercially Important Person (CIP) title by the Government of Nepal.
NIC Asia Director CIP Award
This significant recognition, awarded on Ashadh 32, 2082(16 July, 2025), acknowledges his outstanding contributions to Nepal’s commerce sector, export promotion, and overall economic development.
The CIP title is a distinguished honor given annually to key business leaders who have played a crucial role in advancing the country’s trade, industry, and financial growth.
NIC Asia Bank warmly congratulates Director Sanghai for this achievement, which highlights his dedication and positive impact on Nepal’s economic progress and the banking industry. This recognition also reflects the bank’s ongoing commitment to excellence and leadership in Nepal’s financial sector.
About NIC
NIC Asia Bank is one of Nepal’s top commercial banks. It started on July 21, 1998, as Nepal Industrial and Commercial Bank. In 2013, it merged with Bank of Asia Nepal. This merger was the first between two commercial banks in Nepal’s history. The bank’s headquarters is in Kathmandu’s Trade Tower. It operates over 360 branches, 670 ATMs, and more than 110 extension counters throughout Nepal’s 77 districts.
The bank serves over 3 million customers. It offers a wide range of services like savings and current accounts, loans, credit and debit cards, insurance, and investment products.
NIC Asia Bank is a pioneer in digital banking. It provides the MoBank app for easy mobile banking. Customers can transfer funds, pay bills, and recharge mobiles through this app. The bank also offers internet banking, QR code payments, and e-KYC services for convenience and security.
NIC Asia Bank has won many awards. These include the “Bank of the Year 2013-Nepal” by The Banker, Financial Times, UK, and the “Best in Digital Banking Award” at the 2nd ICC Emerging Asia Banking Awards.
For more:- NIC Asia Director CIP Award