Nepal Investment Mega Bank Limited (NIMB) is a leading commercial bank in Nepal formed by the historic merger of Nepal Investment Bank Limited (NIBL) and Mega Bank Nepal Limited in 2023 A.D. (2079 B.S.). The merger created one of the largest commercial banks in Nepal in terms of assets, customer base, and nationwide branch network.

Overview of Nepal Investment Mega Bank Limited

• Full Name: Nepal Investment Mega Bank Limited (NIMB)

• Founded: Merger completed in January 2023

• Original Institutions: Nepal Investment Bank Ltd. + Mega Bank Nepal Ltd.

• Headquarters: Durbarmarg, Kathmandu, Nepal

• Type: Public limited company (commercial bank)

• Listed On: Nepal Stock Exchange (NEPSE)

• SWIFT Code: NIBLNPKT

• Website: https://www.nimbank.com

• Regulator: Nepal Rastra Bank (NRB)

Background: The Merger of NIBL and Mega Bank

The creation of Nepal Investment Mega Bank was a strategic consolidation of two highly respected banks in the country:

• Nepal Investment Bank Ltd. (NIBL) – Established in 1986, known for corporate banking, trade finance, and international services.

• Mega Bank Nepal Ltd. – Established in 2010, recognized for innovation, financial inclusion, and retail outreach.

The merger was finalized in January 2023, creating a more robust institution aimed at:

• Improving capital efficiency

• Offering enhanced digital and financial services

• Expanding nationwide presence and international connectivity

Services Offered by Nepal Investment Mega Bank

NIMB offers an extensive range of banking products and services, serving individuals, corporations, SMEs, and government entities.

1. Personal and Retail Banking

• Savings and Current Accounts (including children, women, and senior citizen products)

• Fixed Deposit and Recurring Deposit Schemes

• Personal, Home, Auto, and Education Loans

• Debit and Credit Cards (Visa, Mastercard)

• Locker and remittance services

2. Corporate and SME Banking

• Business and Industrial Loans

• Trade Finance (LCs, Bank Guarantees, Export Finance)

• Project Financing and Loan Syndication

• SME startup loans and overdraft services

3. Digital and Online Banking

• NIMB Mobile Banking App (formerly merged platforms)

• NIMB Internet Banking

• QR Payments via Fonepay

• Online account opening and e-KYC

• Real-time fund transfers via ConnectIPS, RTGS, and interbank services

4. International Services

• SWIFT-based remittance and global transfers

• NRN and diaspora banking

• Foreign exchange and travel card services

• Correspondent banking relationships in 80+ countries

Branch Network and Reach

NIMB has one of the largest networks in Nepal’s banking industry:

• Over 300 branches

• More than 275 ATMs

• 100+ branchless banking units

• Services available in all 77 districts

This nationwide reach ensures NIMB delivers both urban sophistication and rural financial inclusion.

Financial Performance Snapshot (FY 2080/81 B.S.)

After the merger, NIMB became one of the top-tier commercial banks in Nepal.

• Total Assets: Exceeding NPR 500 billion

• Net Profit: Above NPR 4 billion

• Deposits: Over NPR 400 billion

• Loans and Advances: Over NPR 350 billion

• Capital Adequacy Ratio (CAR): Compliant with Basel III norms

• Non-Performing Loans (NPL): Actively managed through robust risk systems

Digital Transformation

NIMB emphasizes technology-driven services and customer experience as key pillars for growth.

Key Digital Innovations:

• AI-powered customer support

• Real-time fraud detection

• Smart banking lounges and ATMs

• Upgraded Core Banking System (CBS)

• Integration with digital wallets and fintech platforms

NIMB continues to roll out contactless, paperless, and mobile-first banking services to stay ahead of the digital curve.

Corporate Social Responsibility (CSR)

NIMB maintains a strong CSR agenda with a focus on:

• Financial literacy and digital banking awareness

• Scholarships and education support for underprivileged students

• Disaster relief funds (earthquakes, floods, COVID-19)

• Environmental programs such as tree plantation and green banking

• Women and youth entrepreneurship programs

Strategic Goals and Vision

NIMB aims to become Nepal’s most customer-centric and digitally advanced bank by focusing on:

• Seamless customer onboarding and support

• Branch and digital synergy

• International banking expansion

• Green and sustainable financing

• Product innovation tailored to the evolving Nepali economy

Challenges and Opportunities

Challenges:

• Integration of operations post-merger

• Harmonizing digital platforms and service experiences

• Competitive pressure from fintech startups and digital banks

Opportunities:

• Cross-selling new products to an expanded customer base

• Leveraging digital infrastructure for rural expansion

• Strategic investments in ESG and climate finance

• Potential for regional and international expansion

Conclusion

Nepal Investment Mega Bank Limited (NIMB) stands as a symbol of strength, innovation, and unity in Nepal’s banking sector. With deep roots in both corporate excellence and community banking, NIMB is positioned to lead Nepal’s financial sector into the digital future.

Whether you are a retail customer, entrepreneur, or large corporation, NIMB offers trusted, technology-driven, and inclusive banking services tailored to your needs.