Nabil Bank receives Honorable Mention at the 2021 Global SME Finance Awards

KATHMANDU

Nabil Bank is pleased to receive an Honorable Mention under “SME Financier of the Year – Asia” category at the 2021 Global SME Finance Awards on 21st October 2021. Organized by the International Finance Corporation (IFC), a member of the World Bank Group, and the SME Finance Forum and endorsed by the G20’s Global Partnership for Financial Inclusion (GPFI), the Global SME Finance Awards celebrate the outstanding achievements of financial institutions and fintech companies in delivering exceptional products and services to their SME clients.

The IFC and SME Finance Forum has recognized Nabil Bank for the tremendous growth and substantial contribution that the Bank has made in the past fiscal year for the development of the SME sector. As SMEs are the backbone of any economy especially at this time when national economies have been significantly impacted by the Covid-19 pandemic, Nabil Bank has strategically shifted its focus towards the SME sector and proactively incorporated innovation into its business process with simplification.

Mr. Anil Keshary Shah, CEO of Nabil Bank said, “Nabil Bank gives utmost priority to expanding finance to SMEs and assist towards addressing Covid-19’s immediate difficulties being faced by our SME sector. By shifting our strategic concentration towards SME financing, and re-engineering our business process, the Bank has been and will continue to create a substantial contribution towards the country’s economic growth.”

Matthew Gamser, CEO of the SME Finance Forum said, “Every year we see more and more impressive institutions doing incredible things to help improve SMEs’ access to finance.  We see great innovations, and new ways to put the customer first and ensure that financing is