NRB 70th Anniversary: Strengthening Nepal’s Economy and Banking
27th April 2025, Kathmandu
Nepal Rastra Bank (NRB) is celebrating its 70th anniversary today. The central bank was founded on Baisakh 14, 2013 B.S. (1956 A.D.). Since then, NRB has played a vital role in strengthening Nepal’s financial system and economy.
NRB 70th Anniversary
Each year, NRB marks this important day with pride. This year, Acting Governor Dr. Neelam Dhungana Timsina shared a special message to the nation. She congratulated the NRB family and the public on this remarkable milestone.
Commitment to Sustainable Growth
In her message, Dr. Timsina highlighted NRB’s ongoing commitment to the country’s economic growth. She stressed the importance of maintaining macroeconomic stability for a sustainable economy. According to her, NRB will continue to design and manage monetary and foreign exchange policies that are essential for Nepal’s financial health.
Moreover, she mentioned the need to strengthen Nepal’s payment system. She said that NRB is focused on making it safer, more efficient, and more accessible for everyone.
The Acting Governor emphasized that expanding financial services is a top priority. She also promised to increase public trust in Nepal’s banking and financial system through transparency and innovation.
Journey of Transformation
Over the past 70 years, NRB has witnessed and led many transformations. It introduced the national currency, modernized banking practices, and promoted digital banking.
Initially, Nepal’s financial sector was small and limited. Over time, NRB has expanded its reach, enabling more Nepalese to access banking services. This progress helped strengthen the economy and connect Nepal to the global financial system.
Today, NRB oversees a wide range of activities, from regulating banks to managing foreign exchange reserves. It has become a key pillar for Nepal’s financial security.
Looking Ahead
While celebrating past achievements, NRB is also looking to the future. Dr. Timsina pointed out that the global economy is changing fast. New challenges such as the post-pandemic recovery, inflation, and financial technology must be addressed.
Therefore, NRB is planning to adapt its strategies. It aims to maintain stability while encouraging innovation in banking and finance. Dr. Timsina stated that the central bank will continue working closely with financial institutions and the government to overcome upcoming challenges.
Moreover, NRB is focusing on financial inclusion. It wants to ensure that people in rural and underserved areas have better access to banking services. Building trust, expanding access, and supporting digital transformation are central to NRB’s vision.
A Symbol of Trust
Nepal Rastra Bank stands as a symbol of trust and resilience. Over the decades, it has guided Nepal through economic changes and crises.
Today’s celebration reminds the nation of the NRB’s dedication to the country’s financial well-being. It also highlights the importance of continued collaboration among all financial stakeholders.
With a strong foundation and clear vision, NRB moves forward, ready to drive Nepal’s economy toward a stable, inclusive, and prosperous future.
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