I was happy to read that NIB Bank's paid up capital is to be increased to Rs 40.00 billion, and its majority shareholders will subscribe its shares. NIB's network of 240 branches, attractive deposit products and rates are beneficial to NIB depositors.
In view of NIB's strong balance sheet and ownership by strong foreign party, we as depositors are assured that our deposit is safe. NIB's latest deposit product, NIB plus with monthly profit is highly attractive catering to depositors' needs.