•      Fri Jun 21 2024

Nabil Bank Listed in TOP 20 Banks in IJ Global Magazine

Nabil Bank has been listed among the exclusive league Table of Top 20 Banks published by    IJ Global Magazine under Global Infrastructure and Project Finance category IJ Global  as per Report Q1 2022. 

This is a rare recognition for any bank from Nepal to be listed by the premier publication like IJ Global, which is a part of EuroMoney Institutional Investor Business, and considered to be the world’s largest infrastructure and project finance data sources, the bank said in a statement.

The IJ Global database covers more than 32,000 transactions, 26,000 projects and 2,100 funds that are updated on a daily basis with market coverage of 80% of the top project finance lenders, 90% of the top law firms, and 85% of the top financial advisers.

Anil Shah, CEO of Nabil Bank stated, “This recognition showcases Nabil Bank’s prudent credit screening process, expertise in infrastructure financing and demonstrates the Bank’s capabilities specially in energy financing. Nabil Bank has beenranked 14 in the league table which is amongst the G- SIB (Global Systemically Important Banks). Nabil Bank’s listing in the league table significantly enhances the Bank’s market profile and establishes the Bank’s brand in the international market.”

The Bank serves a complete line of commercial banking products through branch banking, treasury, trade, cards, remittance and investment banking with 150 branches, 187 ATMs and international market access with over 170 correspondent baking partners.

The Bank is at the forefront in infrastructure financing and large loan syndication arrangement in the country. The construction-based industries, viz., cement and steel, banking with us account for nearly 50% of total country’s consumption.

The Bank’s exposure in Hydro power sector covers total generation capacity above 1,800 MW. Nabil Bank is also a part of the country’s largest loan syndication arrangement for the 900 MW Arun III Hydroelectricity Project which is under construction.