Kathmandu, June 2. Nabil Bank is celebrating ‘Nabil Green Week’ to mark the second anniversary of Nabil Sustainable Banking. Chairman Upendra Prasad Poudyal and Chief Executive Officer Gyanendra Prasad Dhungana of Nabil Bank jointly inaugurated the campaign by unveiling SDG goals painting at the Head Office with commitment towards sustainability.
During the inaugural program, Chairman Poudyal stated that Nabil is working towards people and planet to bring prosperity in the country. According to him, the bank has strategically focused on granular business from transactional business. He further added, “We have shifted our focus to support projects that help environmental, social and economic initiatives in long run adopting sustainable measures.”
Since its inception, the Nabil Sustainable Banking has been at the forefront of promoting sustainable practices, while simultaneously striving to address societal and environmental challenges. Through its dedicated efforts, the vertical has successfully achieved numerous sustainable milestones, leaving the positive impact.
Congratulating the Nabil team for completing the second year of Nabil Sustainable Banking, CEO Dhungana said that this week long celebration will highlight the remarkable achievement and contributions of the vertical towards environmental and social consciousness in the banking sector. He mentioned how Nabil has been working towards sustainability by adopting sustainable practices like rainwater harvesting, paperless banking, less paper usage practices, focusing on renewable energy, promoting entrepreneurship by Nabil School of Social Entrepreneurship program and others. He further added that Nabil Sustainable Banking vertical will continue to innovate and implement initiatives that promote sustainable practices, support economic growth, and protect the environment for future generations.
According to the bank, one of the key accomplishments of the sustainable banking has been its focus on rural banking, aiming to extend financial services to underserved and marginalized communities. In addition, the vertical has placed a strong emphasis on financial literacy initiatives to enhance financial knowledge and skills among various segments of society. Also to onboard unbanked into banking services through Branchless banking (BLB).
Recognizing the importance of sustainable development and environmental conciseness, Nabil Sustainable Banking has introduced innovative, social and eco-friendly products such as Nabil Kisan Karja and Nabil Udyamsheel Karja which cater to the specific needs for farmers and aspiring entrepreneurs. To add on Nabil recently launched Nabil Sustainable Housing Loan to encourage customers to invest in environment-friendly and energy-efficient housing solutions, reducing the carbon footprint of residential buildings and contributing to a greener future.
The bank plans to celebrate the green week conducting various activities during Nabil Green Week starting from Asar 15 to 21, 2080. In this week-long celebration, Nabil plans for tree plantation in Lazimpat- Panipokhari- Maharajgunj road section, wearing green attire, Tiktok campaign, exhibition to promote sustainable products and practices of partners in Nabil’s head office premises among others.
Nabil Sustainable Banking was launched on Paddy Day, Asar 15, 2078 (June 29, 2021), to ensure financial literacy to those with limited financial access in rural areas, commercialize the agricultural sector, promote entrepreneurship and support the United Nations Sustainable Development Goals adopted by the Government of Nepal.
