Nepal Investment Bank Limited (NIMB) successfully held its 38th Annual General Meeting (AGM) for the fiscal year 2080-81 at the Rastriya Sabha Griha in Kathmandu. The meeting was chaired by Prithivi Bahadur Pandé, following which the Board of Directors was elected.
Promoter Shareholders Prithivi Bahadur Pandé, Dipankar Shakya Uday, Prajanya Rajbhandari, and Madan Kumar Acharya were elected unopposed, while Kabi Kumar Tibrewala and Shalik Ram Belbase were chosen from the Public Shareholder category.
The bank reported a net profit of NPR 4.11 billion for the fiscal year. Deposits increased by NPR 46.58 billion, resulting in a total of NPR 407 billion, while loans saw a growth of NPR 6.1 billion, reaching NPR 318 billion.
NIMB caters to 3.2 million clients through its 272 branches, 266 ATMs, and 66 rural counters. The bank has garnered recognition with seven “Bank of the Year” titles and Euromoney’s “Best Bank” honors for 2018 and 2021, alongside a credit rating of A from ICRA Nepal.
