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Shine Resunga Bank, headquartered in Butwal, has won the 'Best Managed Development Bank' award 2024.
Shine Resunga won the award as the best among the development banks under the New Business Conclave and Award 2024 held by New Business Edge Pvt Ltd in Kathmandu on Friday. Earlier, the bank also won the Best Managed Development Bank Award in 2022.
won the international Asia Emerging Banking Award last year.
Shine Resunga is the only national level development bank with its head office in Butwal, Lumbini Province. The bank has an authorized capital of 8 billion and a paid-up capital of 4.73 billion. The bank has 88 branches, one extension counter and 18 ATMs in operation across the country. Thaneshwar Poudel, president of
Bank, said that the bank has won the hearts of its customers with the title. "This award is a reward for the satisfaction of the bank's customers," he said, "for that, the bank's directors, shareholders, employees, and all stakeholders are with us."
Other categories Best Managed General Insurance Company Award won by Siddharth Premier Insurance, Best Managed Life Insurance Company Award by Asian Life Insurance Company Limited, Best Finance Company of the Year Award by Manjushree Finance Limited, Best Commercial Bank Servicing Marginalized Geographical Areas Award won by Krishi Bikas Bank is
