Banking News — Garima Bikas Bank Limited has been honored with the Silver Award at the Best Presented Annual Report (BPA) Awards 2025, organized annually by the Institute of Chartered Accountants of Nepal (ICAN).

The award recognizes organizations that demonstrate high standards of transparency, accountability, and corporate governance in their annual reports. Garima Bikas Bank received the Silver Award in the Development Bank category based on its Fiscal Year 2024/25 (2081/82 BS) annual report.

The award was presented during a ceremony held in Kathmandu on Tuesday by ICAN President CA Nil Bahadur Saru Magar to the bank’s Chief Executive Officer, Madhav Prasad Upadhyay, and Head of Accounts, Keshav Timilsina.

Garima Bikas Bank currently operates 126 branch offices and 51 ATMs across Nepal. Through its branch network and digital banking services, the bank provides banking services to nearly 900,000 customers nationwide.