NMB Bank launches Green Savings Deposit, Pioneering Sustainable Banking in Nepal

KATHMANDU : NMB Bank has launched Green Savings Deposit Account, a new product designed to empower individuals and corporations to contribute directly to environmental protection. This deposit scheme channels funds exclusively into green projects, including renewable energy, energy efficiency, sustainable agriculture, and other initiatives aligned with Nepal’s green finance taxonomy.

The Green Savings Deposit offers competitive returns and benefits, including potential special pricing on green loans and public recognition for depositors’ contributions. By choosing this deposit, customers actively participate in mitigating climate change and fostering sustainable development in Nepal. NMB Bank’s initiative underscores its commitment to aligning financial practices with environmental stewardship, supporting the nation’s goal of achieving net-zero emissions by 2045.

NMB Bank is currently providing its services through 202 branches, 186 ATMs and 9 extension counters.