KATHMANDU, JULY 14

Global IME Bank Ltd has received the 'Euromoney Award for Excellence-Nepal Best Bank 2022' - a coveted award in the global banking industry.

Chairman of Global IME Bank Chandra Prasad Dhakal received the award at an event organised in London, the United Kingdom on Wednesday evening. The bank's CEO Ratna Raj Bajracharya was also present on the occasion.Global IME Bank was presented the award in recognition of its excellent customer service, use of new banking technologies and outstanding work performance.

Global IME Bank is the largest commercial bank in Nepal in terms of capital, network and earnings. It is the first private sector bank to provide banking service from all 77 districts of the country, as per a media release.

The bank also maintains its representative offices in India, United Kingdom and Australia, and extension offices in Middle East and South Korea to assist in the remittance of funds from overseas Nepali workers.

The bank is now operating 289 branches, 51 extension and revenue collection counters and 275 branchless banking facilities and 262 ATMs spread throughout Nepal.

The bank has been maintaining harmonious correspondent relationships with more than 120 different international banks from various countries to facilitate trade, remittance and other cross border services.

Euromoney magazine was first launched in 1969 to cover the emergence of the international cross-border capital markets. Today, after more than 50 years of operation, Euromoney is the primary magazine of the wholesale financial world, its institutions, and its users.

It is known to provide indepth analysis, comments, and reviews of the banking industry.

Euromoney Group is composed of renowned and experienced individuals from the financial sector.

A version of this article appears in the print on July 15, 2022, of The Himalayan Times.