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Major Milestone: Garima Bikas Bank Wins Prestigious Industry Award

Recognized for excellence in management and technology, Garima Bikas Bank is officially named the Best Managed Development Bank 2026.

Published By Share Gyan
Major Milestone: Garima Bikas Bank Wins Prestigious Industry Award

Garima Bikas Bank has been recognized as Nepal's best-managed development bank, a title reflecting its commitment to secure and high-tech banking solutions. This major award was conferred at the NewBiz Business Excellence Awards ceremony, where Finance Minister Dr. Swarnim Wagle served as the Chief Guest. The bank's focus on Artificial Intelligence (AI) and Machine Learning (ML) for operational efficiency was a key factor in its recent string of successes. By serving nearly a million customers through its digital ecosystem and 51 ATMs, the institution has set a new benchmark for excellence in the national banking landscape.

SEBON Approves 50% Right Share Issuance of NIC Asia Bank Worth Rs 7.45 Billion

The Securities Board of Nepal (SEBON) has granted preliminary approval to NIC Asia Bank Limited to issue 50 percent right shares at a 1:0.50 ratio. The bank will issue 74,587,835 shares worth Rs 7.45 billion at a face value of Rs 100 per share.

NRB to Sell Gold Coins and Silver Medallions for Tihar from November 5

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Himalayan Laghubitta Proposes 5% Dividend for FY 2082/83

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Rastriya Banijya Bank Reports 175.52% Growth in Q1 Net Profit

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Kumari Bank Reports Rs. 1.07 Arba Net Profit in Q1; Operating Profit Jumps 32.39%

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NMB Bank Reports 27.11% Growth in First-Quarter Net Profit

NMB Bank Limited has reported a 27.11% year-on-year increase in net profit, earning Rs. 1.16 billion in the first quarter of FY 2083/84, compared to Rs. 915.98 million in the corresponding period of the previous fiscal year. The growth was supported by higher operating income, increased net interest income, and a significant decline in impairment charges.