The Small & Medium Enterprises (SME) sector is a major thrust area of NMB Bank. We are continually working towards increasing our SME base and creating a loan portfolio with a major SME contingent in it. As part of the Global Alliance for Banking on Values (GABV) we strive towards value-based banking products with an aim towards sustainable banking resulting in resilient communities and economies.
The SME division of NMB bank caters to the following loan segments.
Last Updated Date: March 21, 2022
NMB bank has been operating since May 2008 as an “A” class economic institution by the means of Nepal Rastra Bank. It is registered as a commercial bank and generates accountable banking, preferred by means of all stakeholders, enabling customers and customers to obtain their financial desires as a consequence contributing towards customers. NMB Bank has a joint assignment agreement with Netherlands Financierings-Maatschappij voor Ontwikkelingslanden (FMO), a Dutch Development Bank where FMO holds 17% of the Bank's shares and is the biggest shareholder of NMB. NMB Bank has additionally been merged with Pathibhara Bikas Bank, Bhrikuti Bikas Bank, Clean Energy Development Bank, and Prudential Finance. NMB Bank was awarded ‘Bank of the Year – 2017’ and ‘Bank of the Year 2018’ consecutively by The Banker, Financial Times, London. Presently, NMB bank is trading on the Nepal Stock Exchange with the image NMB. NMB has provided a dividend return of 30 percent in the fiscal year 2074/75. NMB Bank Limited has appointed NMB Capital Limited as its share registrar. NMB bank has been turning in the market for minimizing environmental risk with renewable energy and agribusiness. It has been reinforcing and merchandising financial development by working actively in the neighborhood with the global stakeholders as well as promoting sustainability via economic merchandise for the actual economy.
Small and medium enterprises form an integral part of the economy. These sectors have a vast and essential credit requirement in banking sectors .SME in Nepal form an integral part of the economy. These sectors have a vast but untapped credit requirement in the banking sector. Such credit requirements are either catered through the personal lending market or tapped by co-operatives. Such businesses are generally managed individuals and family run. They have a core understanding of what business they are doing but when it comes to producing financials, written business plans, etc. The accounting and financing records they keep are very simple. Due to these factors, apart from many others, they are shy and reluctant to approach banks and financial institutions to fulfill their credit requirements.
This product is designed in such a way that such borrowers can avail such requirements in the SME category in the form of overdrafts and term loan according to their requirements. These products would be suitable for small family businesses including retailers, wholesalers, distributors, cottage and small scale manufacturing/processing units, exporters, importers, contractors, suppliers, workshops, fabricators, educational institutions, medical/health facilities, travel/tour operators and service sectors.
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