Nepal Investment Mega Bank
Today, May 20, 2026, there was no market data available for Nepal Investment Mega Bank (NIMB). This indicates that either the market was closed or there was no trading activity for the stock.
Sector: Commercial Banking
Summary
Nepal Investment Mega Bank (NIMB) is a prominent commercial bank in Nepal, formed from the merger of Nepal Investment Bank and Mega Bank Nepal. While operating in a competitive sector, the bank is currently facing scrutiny due to its CEO's detention and a significant refund claim from Ncell related to the Smart Telecom case.
Recent moves
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Context
Recently, NIMB S Capital, a subsidiary of Nepal Investment Mega Bank, was appointed as the issue and sales manager for Yeti Airlines' upcoming IPO, indicating new business for the group. However, the bank has recently drawn attention due to the detention of its CEO for investigation related to Smart Telecom's property auction and unpaid dues. Adding to this concern, Ncell has now sought a significant Rs 4.60 billion refund from NIMB, following regulators' rejection of asset ownership in the Smart Telecom case, potentially impacting the bank's financial position.
- last market date
- 2026-05-20
- sector
- Commercial Banking
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