Nepal Investment Bank Explained

Nepal Investment Mega Bank Limited(NIMB) is one of the leading commercial banks of Nepal.Previously known as Nepal Investment Bank Ltd^[2] ., 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.^{[3] [4]}

Ownership structure

The Bank currently has a paid-up capital of Nepalese Rupees 34.13 Billion (as of FY 2023/24)^[5]

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

Subsidiaries

The bank's subsidiaries are as follows:

• NIMB Ace Capital Limited.^[6]
• NIMB Stock Markets.^[7]

External links

• Official Website

Notes and References

1. Web site: Branch List .
2. Web site: Republica . Paramount motors partners with NIMB Bank to offer up to 80 percent financing for MG EVs . 2024-09-05 . My Republica . en.
3. 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.
4. Web site: SUBEDI . SHREE RAM . Nepal's NIMB Bank receives accreditation from Green Climate Fund for climate action investments . 2024-09-05 . My Republica . en.
5. Web site: Home . nepalstock.com.np.
6. Web site: Home . nimbace.com.
7. Web site: Home . nimbstock.com.np.