Kathmandu. As it celebrates its 42nd anniversary of establishment, Nabil Bank Limited has focused its investments on strengthening the country’s real economy.

The bank, which has been carrying forward the theme of ‘Banking & Beyond’, has been rapidly expanding loans to sectors that support the sustainable development of the country, rising above traditional banking.

According to the data up to the third quarter of the fiscal year 2082/83, out of the total loan of Rs 464 billion, the largest share is in agriculture, energy, and small and medium enterprises.

The bank has invested Rs 53.31 billion in the agriculture sector, which is considered the backbone of the country’s rural economy and food self-sufficiency. Similarly, with an investment of NPR 51.06 billion in hydropower and energy sector, Nabil has contributed significantly in resolving the national energy crisis and promoting exports.

Micro, Cottage, Small and Medium Enterprises (MSMEs) are another strong support for the bank’s investment. The bank has disbursed Rs 45.92 billion loan to the grassroots level to create employment and promote entrepreneurship in the sector. In addition, the bank has invested Rs 11.10 billion in the tourism sector, which is considered the major source of foreign currency earning, to help in the development of tourism infrastructure.

The total investment in these areas is more than Rs 161 billion, which constitutes a significant portion of the bank’s total loan portfolio. According to the bank, the bank’s trust in the productive sector is the main reason behind the increase of Rs 464 billion from Rs 133 million when it was established in 1984.

With a nationwide network of 264 branches and 315 ATMs, Nabil has made such loan facilities accessible to its customers through its digital platforms.

Having received eight awards as ‘Best Taxpayer’ and 10 times as the recipient of ‘Nepal’s Best Annual Report Awards’, Nabil Bank pledged to play a pivotal role in economic development through responsible banking in the days ahead.

The bank aims to further diversify its areas of investment to not only generate profit but also to achieve Sustainable Development Goals (SDGs) and bring financial inclusion up to the village level.