Nepal Investment Bank Explained

Nepal Investment Mega Bank Limited
Type:	Public
Traded As:	NEPSE NIB
Products:	Banking
Area Served:	Nepal, India
Industry:	Banking
Num Locations:	200+ ^[1]
Num Employees:	2000+

Nepal Investment Mega Bank Limited is one of the leading commercial banks of Nepal.Previously known as Nepal Indosuez Bank Ltd., 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.^[2]

Ownership structure

The Bank currently has a paid-up capital of Nepalese Rupees 34.13 Billion (as of FY 2023/24)^[3]

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

Subsidiaries

The bank's subsidiaries are as follows:

• NIMB Ace Capital Limited.^[4]
• NIMB Stock Markets. ^[5]

External links

• Official Website

Notes and References

1. Web site: Branch List .
2. Web site: SUBEDI . SHREE RAM . Nepal's NIMB Bank receives accreditation from Green Climate Fund for climate action investments . 2024-07-19 . My Republica . en.
3. Web site: Home . nepalstock.com.np.
4. Web site: Home . nimbace.com.
5. Web site: Home . nimbstock.com.np.