The Banker magazine, a co-publication of the Financial Times of London, has declared Nepal Industrial and Commercial Bank as Nepal 's Bank of the Year 2007.
Among the banks established with 100 percent Nepali equity and managed by Nepali professionals only, NIC is the first to win the honour.
Other Nepali banks that had the distinction in the previous years include Nabil, Nepal Investment Bank, Everest Bank and Standard Chartered Bank Nepal.
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