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Nepal Investment Bank Limited

Nepal Investment Bank Ltd. (NIBL), previously Nepal Indosuez Bank Ltd., was established in 1986 as a joint venture between Nepalese and French partners. The French partner (holding 50% of the capital of NIBL) was Credit Agricole Indosuez, a subsidiary of one the largest banking group in the world. With the decision of Credit Agricole Indosuez to divest, a group of companies comprising of bankers, professionals, industrialists and businessmen, has acquired on April 2002 the 50% shareholding of Credit Agricole Indosuez in Nepal Indosuez Bank Ltd.

Vision
To be the most preferred provider of Financial Services in Nepal

Mission:
To be the leading Nepali Bank, delivering world class service through the blending of stat-of-the art technology and visionary management in partnership with competent and committed staff, to achieve sound financial health with sustainable value addition to all our stakeholders. We are committed to do this mission while ensuring the highest levels of ethical standards, professional integrity, corporate governance and regulatory compliance.

Website of the Nepal Investment Bank Limited: www.nibl.com.np

 

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News about the Nepal Investment Bank
03-09-2009:
Nepal Investment Bank and China Development Bank last week signed a Memorandum of Understanding (MoU), according to which the CDB will provide financial support to the projects recommended by NIB to promote Nepalīs economic development.

26-08-2009:
The meeting of Board of Directors of Nepal Investment Bank, the largest private sector bank in terms of deposit and lending volumes, has proposed 20 percent cash dividend to its shareholders.

09-02-2009:
Nepal Investment Bank Ltd opened its 26th branch in Palpa on Sunday. The branch will be linked through ABBS (Any branch Banking Services) to all other 25 branches. Key services provided include deposit and lending, foreign exchange, retail banking, import, export - letter of credit, guarantees and remittance. NIBL plans to have 50 branches in the country within two years.

19-1-2009:
Nepal Investment Bank Ltd is opening its 25th branch at Hetauda on Monday. It opened its 24th branch in Boudha on January 8. Both branches will provide world class services to the residents and business community of Boudha and Hetauda and surrounding areas. Both branches will be linked through Any Branch Banking Services (ABBS) to all other 23 branches. Key services include deposit & lending, foreign exchange, retail banking, import, export, letters of credit and guarantees and remittance facility. The bank has installed at an ATM on the Boudha branch premises for customer convenience. Both branches have locker facility.

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