Nabil Bank Announces Sale of Non-Banking Properties Across the Country

Nabil Bank has called for the sale of non-banking assets under its ownership in various locations across the country. This announcement has been made by the bank's loan recovery department, which invites interested individuals, institutions, or companies to submit sealed bids within 15 days.

Non-banking assets refer to properties of borrowers who failed to repay their loans even after the due date, which the bank has brought under its ownership. The bank has opened the bidding process to sell these properties, including land and houses (land along with houses).

The properties that Nabil Bank is planning to sell are located in districts such as Jhapa, Nuwakot, Nawalparasi, Chitwan, Kathmandu, Dolakha, Lalitpur, Dhanusha, Morang, and Makwanpur, among others. Interested buyers are required to submit sealed bids specifying the price they are willing to pay for these properties.

The bank is trying to recover its loans through the auction of these properties. This notice has been published for the information of all concerned through the bank's loan recovery department.

The Main Objective of the Property Sale

Nabil Bank is trying to recover its loans by selling these non-banking assets. Selling such assets helps the bank reduce risks and strengthen financial stability. As a result of these sales, the bank will improve its cash flow and enhance its ability to issue new loans.