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Company type | Public |
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NEPSE: NIB | |
Industry | Banking |
Founded | 27 February 1986 |
Headquarters | Durbar Marg Kathmandu, Nepal |
Number of locations | 200+ [1] |
Area served | Nepal, India |
Key people |
|
Products | Banking |
Number of employees | 2000+ |
Website | nibl |
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.
The Bank currently has a paid-up capital of Nepalese Rupees 34.13 Billion (as of FY 2023/24) [2]
The bank's subsidiaries are as follows:
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Prithvi Bahadur Pandé is the chairman of Nepal Investment Mega Bank Limited (NIMB). He is one of the most renowned bankers of Nepal, a pioneer in the commercial banking sector, who took over the French managed Indo-Suez Bank and successfully operated it for more than 15 years. He was an employee of Nepal Rastra Bank and had worked as director of Rastriya Banijya Bank and Himalayan Bank Limited before leading Nepal Investment Bank in 2001 through foreign investment. On 23rd General Assembly of Nepal Bankers Association(NBA), he was facilitated for making a remarkable contribution for the development of Nepalese banking sector. He is also Chairman of Chhaya Center, which is a multi-stored commercial building located in Thamel, hosting the world-renowned Starwood's Aloft Hotels, a five star hotel in Thamel.
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