Muktinath Bikas Bank Honored for Excellence in Financial Reporting
For the second time, Muktinath Bikas Bank has been awarded the ‘Certificate of Merit’ in the Financial Services Sector at the prestigious SAFA Best Presented Annual Report Awards 2023, held in Colombo, Sri Lanka. The South Asian Federation of Accountants (SAFA) awards annual recognitions in various categories, celebrating excellence in financial reporting across South Asia. With a meticulous evaluation process, a dedicated SAFA committee selects winners based on transparency, compliance, and the ability to effectively communicate financial performance.
Muktinath Bikas Bank's achievement reflects the bank’s commitment to transparent communication and high standards of financial reporting. Chief Executive Officer Pradyuman Pokharel accepted the award on behalf of the bank, underscoring its focus on clear, ethical, and effective brand positioning. By being recognized on an international platform, Muktinath Bikas Bank not only solidifies its reputation but also reinforces its brand ethos centered on integrity, accountability, and innovation within the financial services industry.
The bank expressed that receiving this international accolade provides inspiration and motivation to employees, further empowering Muktinath Bikas Bank’s mission to create positive impacts in Nepal's financial sector. This honor aligns with the bank’s overarching strategy to strengthen its brand identity through excellence in reporting and client transparency, setting benchmarks for growth, trust, and sustainable banking practices in the region.