Shangrila Development Bank Celebrates 22nd Anniversary: Commits to CSR Initiatives and Technological Advancement

2nd November 2026, Kathmandu

Shangrila Development Bank Limited has marked its 22nd anniversary and entered its 23rd year of operation.

Shangrila Bank 22nd Anniversary

To commemorate the milestone, the bank organized a special anniversary event on Friday at its central office in Baluwatar, Kathmandu, while announcing a series of corporate social responsibility (CSR) initiatives focused on healthcare and education in remote regions.

Corporate Social Responsibility Commitments

As part of its anniversary celebrations, the development bank rolled out targeted community support programs in remote districts of Nepal.

• Healthcare Initiatives in Humla: The bank announced a free medical camp for women at the Dandafaya Health Post in Simkot, Humla, providing specialized gynecological health services.
• Educational Support: The bank pledged school uniforms and stationery items to 103 students at Ramdev Secondary School in Simkot-2, Humla.
• Maternal and Child Health Support in Rolpa: The institution announced the donation of a baby warmer and an autoclave drum set to the Khungri Health Post located in Sunil Smriti Rural Municipality-2, Rolpa.

Anniversary Event Highlights and Strategic Outlook

During the anniversary ceremony, institutional leadership highlighted the bank’s operational journey, employee milestones, and future service roadmap.

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Leadership Address: Chairman of the Board of Directors Ujjwal Satyal expressed gratitude toward founders, directors, customers, shareholders, employees, and regulatory authorities for supporting the institution throughout its 22-year journey.

Strategic Commitment: Chief Executive Officer Rabin Sijapati reaffirmed the bank’s commitment to modernizing its banking services through technology-friendly and efficient financial solutions.

Employee Recognition: Long-serving employees who completed 5 and 10 years of service were honored with tokens of appreciation during the event.

Branch Network and Operational Footprint

The national-level development bank continues to emphasize strong governance while maintaining a wide operational reach across the country.

• Branch Network: Currently delivers financial services through 109 branch offices and 30 ATMs nationwide.
• Core Priorities: Continues to focus on enhancing corporate governance, robust risk management practices, and internal control systems across its operational expansion.

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