Global IME Bank enters 14 years

KATHMANDU: Global IME Bank Ltd has entered the 14th year of its establishment from Saturday.

In a short period of its establishment, the bank has become the largest and strongest bank in Nepal in terms of capital, business, branch/network, as per a media release.

The bank’s current paid-up capital is around Rs 19 billion (more than Rs 21 billion after the proposed 14 per cent bonus) and the reserve fund will reach Rs 27.24 billion, a total deposit of Rs 249 billion and a total loan of more than Rs 211 billion.

Similarly, the bank aims to provide access to banking services to all sectors and classes in all seven provinces and 73 districts. It is providing services from about 797 service centres including the representative office.

Likewise, the bank has been making significant contributions to the economy of the country by receiving remittances from the United States, United Kingdom, Australia, Malaysia, South Korea, Japan, Saudi Arabia, Qatar, UAE, Bahrain, Kuwait, India and Jordan.