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Nepal Investment Bank

From Wikipedia, the free encyclopedia
Nepal Investment Mega Bank Limited(NIMB)
Company typePublic
NEPSE: [1]
IndustryBanking
Founded27 February 1986; 38 years ago (1986-02-27)
HeadquartersDurbar Marg Kathmandu, Nepal
Number of locations
200+ [1]
Area served
Nepal, India
Key people
ProductsBanking
Number of employees
2000+
Websitenibl.com.np

Nepal Investment Mega Bank Limited(NIMB) is one of the leading commercial banks of Nepal.Previously known as Nepal Investment Bank Ltd[2]., the bank was established in 1986 as a joint venture between Nepalese and Credit Agricole Indosuez.The Nepalese investors bought all the shares of French company i.e. 50% in 2001. It was merged with Mega Bank Nepal in 2023 and started joint operation from January 11 2023 with the name Nepal Investment Mega Bank Limited.[3][4]

Ownership structure

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The Bank currently has a paid-up capital of Nepalese Rupees 34.13 Billion (as of FY 2023/24) [5]

  • Promoter Group -79.45%
  • General Public - 20.55%

Subsidiaries

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The bank's subsidiaries are as follows:

  • NIMB Ace Capital Limited.[6]
  • NIMB Stock Markets. [7]
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References

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  1. ^ "Branch List".
  2. ^ Republica. "Paramount motors partners with NIMB Bank to offer up to 80 percent financing for MG EVs". My Republica. Retrieved 2024-09-05.
  3. ^ SUBEDI, SHREE RAM. "Nepal's NIMB Bank receives accreditation from Green Climate Fund for climate action investments". My Republica. Retrieved 2024-07-19.
  4. ^ SUBEDI, SHREE RAM. "Nepal's NIMB Bank receives accreditation from Green Climate Fund for climate action investments". My Republica. Retrieved 2024-09-05.
  5. ^ "Home". nepalstock.com.np.
  6. ^ "Home". nimbace.com.
  7. ^ "Home". nimbstock.com.np.