Nerude Mirmire Laghubitta Bittiya Sanstha Limited

Nerude Mirmire Laghubitta Bittiya Sanstha Limited (commonly abbreviated NMLBBL) is a Nepalese microfinance institution operating nationwide.The institution was formed after the merger between Nerude Laghubitta Bittiya Sanstha Limited and Mirmire Laghubitta Bittiya Sanstha Limited two formerly separate microfinance providers. The merger was agreed upon on 11th Poush 2079 B.S., and after obtaining regulatory approval from Nepal Rastra Bank (NRB), the combined institution started its joint operations on 30th Falgun 2080 B.S. (≈ 2024 AD) under the new name. With this consolidation, NMLBBL now leverages the strengths and networks of multiple microfinance providers to serve clients across many districts. It offers a variety of financial services typical of microfinance institutions: deposit schemes (savings), micro-loans, remittance services, micro-insurance, and digital banking solutions, aiming to support underserved and rural communities.As of recent data, NMLBBL has a paid-up capital of roughly NPR 1,397,764,272.The institution reportedly covers 61 districts and operates with more than 1,100 staff across its branch network. According to latest publicly available financial reports, NMLBBL posted a net profit of around NPR 254.01 million in its 4th quarter (fiscal year 2081/82), reflecting its active operations and financial scale.