Global IME Bank Limited

Nepalese commercial bank From Wikipedia, the free encyclopedia

Global IME Bank Limited[2] (originally founded as Global Bank Limited) is a commercial bank in Nepal. In 2012, it merged with the former IME Financial Institution Limited and Lord Buddha Finance Limited, subsequently rebranding and operating as Global IME Bank Limited. The bank is an 'A' class commercial bank licensed by Nepal Rastra Bank[3] and has branches all across the nation with its head office in Kathmandu which provides a complete commercial banking service. Over time, the bank has expanded through the merger and acquisition of 21 banking and financial institutions (BFIs), including five commercial banks: Commerz and Trust Bank, Global Bank, Janata Bank Nepal, Lumbini Bank, and Bank of Kathmandu.[4] Global Finance Magazine awarded Global IME Bank the "Best Bank Award 2025" for the second consecutive year.[5]

Company type
Public
IndustryBanking
FoundedJanuary 2007, 02; 19 years ago (02-01-2007)
Quick facts Company type, Traded as ...
Global IME Bank Limited
Company type
Public
NEPSE: GBIME
IndustryBanking
FoundedJanuary 2007, 02; 19 years ago (02-01-2007)
Headquarters
Kamaladi, Kathmandu
,
Number of locations
440
Area served
Nepal
Key people
Mr. Chandra Prasad Dhakal (Chairman)
Mr. Surendra Raj Regmi CEO
ProductsLoans, Credit cards, Savings, Investment, Merchant banking
Increase रू601 crore (US$40 million)[1] (2023)
Number of employees
3,600+
Websitewww.globalimebank.com
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Ownership structure

The Bank currently has a paid-up capital of Nepalese Rupees 38.1158 Billion (as of FY 2023/24), largest in the country. [6]

  • Promoter Group - 51.24%
  • General Public - 48.76%

Subsidiaries

The bank's subsidiaries are as follows:

  • Global IME Capital Limited.[7]
  • Global IME Securities Limited. [8]
  • Global IME Laghubitta Bittiya Sanstha Limited. [9]

Correspondent Network

The bank had been maintaining harmonious correspondent relationships with various international banks from various countries to facilitate trade, remittance and other cross border services. Through these correspondents the bank was able to provide services in any major currencies in the world.

See also

References

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