Kathmandu. In the first week of March, NMB Bank, in collaboration with the International Finance Corporation (IFC) and with the support of the European Union (EU) SCSIIS program, conducted a three-day training. The training focused on strengthening climate finance and risk management in the three key areas of the bank’s sustainable finance priorities: energy, agribusiness, and SME (small and medium enterprises).
As Nepal is highly vulnerable to climate risks, the training emphasized the integration of ESG (Environmental, Social and Governance) practices in banking and business. which contributes to effective risk management and financial stability.
Ninety participants, including NMB Bank’s business team, E&S and risk officers, and clients, participated to gain in-depth knowledge of regional and global best practices from IFC experts and local consultants.
The highly participatory event provided participants with an opportunity to engage with international standards by discussing topics such as Environmental and Social Due Diligence (ESDD), biodiversity management, labor rights, land restoration, and resource efficiency. This initiative has further strengthened the sustainable investment practices of the bank and its clients, while enhancing ESG and climate risk management capabilities.
NMB Bank currently provides high-quality services through 202 branches, 187 ATMs, and 9 extension counters across the country.
