NMB Bank partners with IFC and the EU to pioneer Sustainable Finance Solutions in Nepal 

KATHMANDU: NMB Bank, in collaboration with the International Finance Corporation (IFC) and supported by the European Union’s ACSIIS program, conducted a three-day training to strengthen Climate Finance and Risk Management in three key focus areas of Sustainable Financing of the bank viz. Energy, Agribusiness, and SME sectors. The event took place in the first week of March.

Given Nepal’s high climate vulnerability, the training emphasized the integration of ESG (Environmental, Social, and Governance) practices in banking and businesses for effective risk management and financial resilience. Ninety participants, including NMB Bank’s business teams, E&S and risk officers, and clients, gained in-depth insights from IFC experts and local consultants on regional and global best practices.

The highly interactive program engaged participants in discussions on environmental and social due diligence (ESDD), biodiversity management, labor rights, land resettlement and resource efficiency, helping them align with international benchmarks. This initiative has enhanced ESG and climate risk management capabilities, reinforcing sustainable investment practices for both the bank and its clients.

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