Nepal Investment Mega Bank Limited (NIMB)

Type Direct (National)
Date of accreditation 05 Mar 2024

The Nepal Investment Mega Bank Limited (NIMB) is the first national private sector direct access entity based in Nepal. With its goal to help develop the industrial, commercial and agricultural sectors of Nepal, NIMB, mobilized investments from internal and external sources and has provided various financial services in the areas of renewable energy, agriculture, tourism, transport, cement industries and garment industries in the country. The bank has also been working closely with small and medium enterprises to boost employment in rural and urban areas of Nepal and contribute to eliminating national poverty. As one of the leading commercial banks in Nepal, it works with both public and private sector partners and offers access to funds for a wide range of beneficiaries and sectors.

With GCF, NIMB plans to undertake projects and programmes on renewable energy, solid waste management, and many others through public and private sector partnerships.

Accreditation timeline

Accreditation term 1

23 Aug 2024 - 22 Aug 2029

Accreditation date

05 Mar 2024

AMA execution date

02 Aug 2024

AMA effectiveness

23 Aug 2024

Term end date

22 Aug 2029

Entity details

Size
- Micro
- Small
- Medium
- Large
Environmental and social risk category
- Category C
- Category B
- Category A
- Intermediation 3
- Intermediation 2
- Intermediation 1
Fiduciary standards
- Basic
- Project management
- Grant award
- On-lending/blending:
- Loan
- Equity
- Guarantee
- Blending