NMB Bank Unveils Gender Equity and Social Inclusion (GESI) Plan to Foster Inclusive Communities

NMB Bank Limited has taken a significant step towards fostering inclusive and equitable societies with the announcement of its Gender Equity and Social Inclusion (GESI) plan. This strategic framework underscores the Bank’s commitment to promoting diversity, empowering marginalized communities, and advocating gender equity across its operations.

The GESI plan represents NMB Bank’s dedication to establishing a banking environment that is accessible, inclusive, and responsive to the diverse needs of its stakeholders, including employees, customers, and communities. By envisioning a culture of diversity and inclusion, the Bank aims to create concrete and meaningful business value while contributing to social progress.

Key objectives outlined in the GESI plan include the recruitment, development, and retention of a diverse workforce, with a focus on nurturing high-performing teams that mirror the diversity of society. As part of its Gender Equity and Social Inclusion initiatives, NMB Bank has taken several tangible steps to advance its commitment:

Accessibility Measures: The Bank has installed accessibility ramps in select branches located in Maharajgunj, Thaiba, Naxal, Mahendra Chowk, Lubhu, and Birgunj, ensuring that physical barriers are eliminated to provide equal access to banking services for all individuals.

Women Leadership Program: NMB Bank has launched a comprehensive “Women Leadership” program nationwide, aimed at cultivating female leadership talent within the organization, empowering women to assume leadership roles, and driving gender inclusivity across all levels of the workforce.

Support for Women Entrepreneurs: In a bid to support women entrepreneurs, the bank offers special loans with customized features and additional benefits tailored to their unique needs. This initiative is designed to facilitate women’s participation in economic activities and promote their financial independence.

Women-Led Branches: In a pioneering move, NMB Bank has established women-led branches in each province of Nepal, recognizing the importance of female representation and leadership in the banking sector. These branches serve as hubs for promoting financial inclusion and empowering women in their communities.

Province-Centric Products: Acknowledging the diverse needs of different regions, the Bank has introduced province-centric products such as Sundar Sudurpaschim Bachat Khata, Karnali Bishesh Bachat Khata, Lumbini Bachat Khata, Mero Gandaki Bachat Khata, Apan NMB Bachat Khata, and Pathibhara Bachat Khata. These products are tailored to address the unique financial requirements of each province, ensuring inclusive access to banking services.

NMB Bank’s Gender Equity and Social Inclusion plan underscores its role as a responsible corporate citizen committed to driving positive social change and promoting inclusive growth. Through these initiatives, the Bank aims to foster a more equitable and inclusive society where everyone has the opportunity to thrive.