Nabil Bank Marks 42 Years; Injects Rs 51 Billion into Nepal’s Energy Sector

Kathmandu: Nabil Bank Limited has marked its 42nd anniversary, announcing a strategic shift toward an Artificial Intelligence (AI)-driven "Banking & Beyond" model while revealing substantial credit exposure to Nepal's core infrastructure and productive sectors.

According to the bank, its credit disbursement to the energy sector has reached Rs 51.06 billion, making infrastructure development a key pillar of its portfolio. Alongside energy, the bank has extended Rs 53.31 billion to agriculture, Rs 45.92 billion to MSMEs, and Rs 11.10 billion to tourism.

Speaking on the milestone, Bank Chairman Nirvana Kumar Chaudhary emphasized that Nabil is transitioning into an AI-driven era to optimize decision-making, risk mitigation, and digital banking through its nBank platform. He stated that innovation is part of Nabil's DNA, noting that the bank now operates an integrated financial ecosystem spanning commercial banking, investment banking, stock brokerage, and capital markets.

The bank's financial metrics as of the third quarter of FY 2025/26 highlight its expansion since its inception in 1984. Total assets have reached Rs 718.42 billion, supported by total deposit mobilization of Rs 588.85 billion and total loan disbursements of Rs 464.10 billion. Furthermore, the bank's net worth has grown to Rs 70.83 billion compared to just Rs 28 million in FY 1984/85, with net profits standing at Rs 6.76 billion for the third quarter.

Chief Executive Officer Manoj Kumar Gyawali credited this growth trajectory to the trust of over 2.6 million customers and the dedication of 2,469 employees. The bank currently supports its operations through a robust national network of 264 branches and 315 ATMs.

To mark the 42nd anniversary, Nabil Bank has rolled out a 42-day campaign featuring targeted promotions and relief packages. Notable among these is a customized Reconstruction Home Loan Scheme offered at a concessional rate of Base Rate plus a 0.5 percent premium for residents of Hetauda and Birgunj affected by ongoing road expansion projects. Additional promotional incentives include lifetime fee waivers on new credit cards, service discounts on locker security deposits, and slashed merchant integration fees.