NMB Bank Collaborates with IFC and EU to Strengthen Sustainable Finance in Nepal


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NMB Bank Collaborates with IFC and EU to Strengthen Sustainable Finance in Nepal

Kathmandu, March 2025 – NMB Bank, in partnership with the International Finance Corporation (IFC) and with support from the European Union’s ACSIIS program, has taken a significant step toward advancing sustainable finance in Nepal. The bank conducted an intensive three-day training program focused on Climate Finance and Risk Management, with an emphasis on the Energy, Agribusiness, and SME sectors.

Held in the first week of March, the training addressed Nepal’s high climate vulnerability and the need for financial institutions to integrate ESG (Environmental, Social, and Governance) principles into banking operations. The program provided in-depth knowledge on ESG risk management, equipping NMB Bank’s business teams, E&S officers, risk officers, and clients with global and regional best practices. A total of 90 participants engaged in interactive sessions led by IFC experts and local consultants, covering topics such as environmental and social due diligence (ESDD), biodiversity management, labor rights, land resettlement, and resource efficiency.

This initiative has significantly enhanced NMB Bank’s ESG and climate risk management capabilities, reinforcing its commitment to sustainable financing. The bank aims to implement these learnings in its operations, ensuring that its investment practices align with international benchmarks.

Currently, NMB Bank operates with a strong presence across Nepal, offering its services through 202 branches, 186 ATMs, and nine extension counters.