Shangri-la Development Bank Completes 22 Years, Enters 23rd Year of Operations

Shangri-la Development Bank Limited has successfully completed 22 years of operation and entered its 23rd year of service in Nepal's banking sector. To mark its 22nd anniversary, the bank organized a special कार्यक्रम at its central office in Baluwatar on Friday. Addressing the event, Ujjwal Satyal, Chairman of the bank's Board of Directors, expressed gratitude to the founders, board members, customers, shareholders, employees, regulatory authorities, and all other stakeholders for their continued support throughout the bank's journey. Similarly, Robin Sijapati, Chief Executive Officer of the bank, expressed his commitment to making the bank's services smarter, more modern, and more efficient in the coming days. As part of its anniversary celebrations, the bank announced several community welfare initiatives. It will organize a free health camp for women at Dandafaya Health Post in Simkot, Humla, where services will be provided by a gynecologist. The bank will also distribute school uniforms and stationery materials to 103 students of Shree Ramdev Secondary School in Simkot-2, Humla. Additionally, the bank has announced plans to provide one baby warmer and one autoclave drum set to Khungri Health Post in Sunil Smriti Rural Municipality-2, Rolpa, to support local healthcare services. During the anniversary event, employees completing five and ten years of service at the bank were also honored with tokens of appreciation. Currently, Shangri-la Development Bank operates 109 branch offices and 30 ATMs across the country, reflecting its expanding banking network and customer reach. Senior Deputy General Manager Apurba Prasad Joshi stated that the bank has consistently followed sound practices in corporate governance, risk management, and internal control systems. He also reaffirmed the bank's commitment to further expanding and improving its services in the future.