NMB Bank Donates NPR 5.1 Million to Prime Minister’s Disaster Relief Fund for Flood and Landslide Victims

NMB Bank Donates NPR 5.1 Millions
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7th October 2024, Kathmandu

NMB Bank has announced a contribution of NPR 5.1 million to the Prime Minister’s Disaster Relief Fund. This contribution aims to support the national flood and landslide relief efforts that have affected communities and infrastructure across the country.

NMB Bank Donates NPR 5.1 Million

The senior officials of NMB Bank visited the Prime Minister’s Office in Singha Durbar today, where they formally presented the cheque for the aid amount to Prime Minister KP Sharma Oli.

The Bank believes that this contribution will support much-needed assistance to those affected by the floods and landslides. The Bank always stands ready to support the citizens in this challenging hour, reinforcing its dedication to social responsibility and community welfare.

NMB Bank is currently providing its services through 201 branches, 187 ATMs, and 11 extension counters.

About NMB Bank

NMB Bank Limited, a leading commercial bank in Nepal, was licensed as an “A” class financial institution by Nepal Rastra Bank in May 2008. With over two decades of experience, NMB Bank has established itself as a prominent player in the Nepalese financial sector. The Bank entered into a strategic Joint Venture Agreement with Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), the Dutch development bank, in September 2016, making FMO its largest shareholder with a 13.69% stake. This partnership has positioned NMB Bank as a leader in managing environmental and social risks and a key player in promoting renewable energy and agribusiness in Nepal.

NMB Bank has received numerous accolades for its performance, including being named ‘Bank of the Year’ by The Banker magazine in 2017, 2018, 2020, and 2021. In 2021, the Bank achieved a historic milestone by being awarded the prestigious title of ‘Bank of the Year Asia’, marking the first time a Nepali bank received this honor. NMB Bank’s commitment to innovation, sustainability, and social responsibility continues to strengthen its leadership in the financial industry while supporting the nation’s economic development.

For more: NMB Bank Donates NPR 5.1 Million


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