| Nepal Infrastructure Bank Limited नेपाल इन्फ्रास्ट्रक्चर बैंक लिमिटेड | |
| Industry: | Bank |
| Type: | Public |
| Hq Location City: | Baneshwor Kathmandu |
| Hq Location Country: | Nepal |
| Areas Served: | --> |
| Key People: | Mr. Ram Krishna Khatiwada CEO[1] |
| Owners: | --> |
| Num Employees: | 45 [2] |
| Num Employees Year: | 2022 |
Nepal Infrastructure Bank Limited (NIFRA) was founded with the primary objective of propelling the nation's infrastructure development. Its focus lies in investments in sustainable infrastructure and various productive sectors. [3] [4] [5] The inception of this dedicated infrastructure development bank was driven by the recognized need within Nepal, prompting the Government of Nepal (GoN) and Nepal Rastra Bank to pave the way for its establishment through the Annual Budget for the Fiscal Year 2015/16 and the subsequent Monetary Policy of that year. As a result, Nepal Infrastructure Bank Limited was officially registered under the Ministry of Industry and Commerce, Company Registrar’s Office on June 8, 2018. It holds the distinction of being the first national-level infrastructure development bank in Nepal, fostered by the collaborative efforts of the Government of Nepal, Banks and Financial Institutions (BFIs), Life and Non-life Insurance companies, various prominent private sector entities, and a dedicated team of entrepreneurs.