Shangrila Development Bank Marks 22nd Anniversary, Announces CSR Initiatives

Summary

Shangrila Development Bank marked its 22nd anniversary with CSR initiatives including a women’s health camp in Humla, school supplies for students, and medical equipment for a health post in Rolpa. The bank said it will keep expanding services while strengthening governance, risk management, and internal controls.

Key Points
  • Shangrila Development Bank completed 22 years of operation and entered its 23rd year with an anniversary program at its central office in Baluwatar.
  • Chairman Ujjwal Satyal thanked the bank’s stakeholders, while CEO Rabin Sijapati said the bank aims to make its services smarter, more modern, and more efficient.
  • The bank announced CSR initiatives including a free women’s health camp in Simkot, school uniforms and stationery for 103 students, and medical equipment for Khungri Health Post in Rolpa.
  • The bank said it currently operates through 109 branches and 30 ATMs and will continue expanding while maintaining strong governance and risk controls.
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