Top 10 banks of Nepal as Paid-Up capital Global IME Limited is Top 1

Sep Mon 2024 04:08:07

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Top 10 banks of Nepal as Paid-Up capital Global IME Limited is Top 1

Global Bank Limited (GIBL) was established in 2007 as an 'A' class commercial bank in Nepal which provided entire commercial banking services. The bank's paid-up capital is to NPR 36.1287 billion.

Global IME Bank Ltd. (GIBL) emerged after successful merger of Global Bank Ltd (an “A” class commercial bank), IME Financial Institution (a “C” class finance company) and Lord Buddha Finance Ltd. (a “C” class finance company) in year 2012. Two more “B” class development banks (Social Development Bank and Gulmi Bikas Bank) merged with Global IME Bank Ltd in year 2013. Later, in the year 2014, Global IME Bank made another merger with Commerz and Trust Bank Nepal Ltd. (an “A” class commercial bank). During 2015-16, Global IME Bank Limited acquired Pacific Development Bank Limited (a "B" Class Development Bank) and Reliable Development Bank Limited (a "B" Class Development Bank). During 2019-20, Global IME Bank Limited acquired Hathway Finance Limited (a “C” class finance company), merged with Janata Bank Nepal Limited (an “A” class commercial bank) in year 2019 and merged with Bank of Kathmandu on January 9 , 2023, to become the biggest bank in Nepal.

Global IME wins Global Finance 'Best Bank Award' for 2024

Global IME Bank Limited has been honored with the Best Bank Award for this year by Global Finance Magazine. Global Finance Magazine selects and honors the best banks worldwide. Global IME Bank has been recognized as the best bank in Nepal for 2024 in terms of long-term reliability, financial resource mobilization, geographical expansion, strategic relationships, professional development, customer-centric services, credit rating, and more.

Global Finance Magazine bestows awards on outstanding banks across various regions, including Africa, Asia Pacific, the Caribbean, Central America, Latin America, Central and Eastern Europe, the Middle East, North America, and Western Europe. Global Finance Magazine added Nepal category from this year and Global IME Bank is the first bank to receive this prestigious award from Nepal.

This year, Global Finance Magazine has recognized several banks worldwide, such as HSBC from Hong Kong, Bank of America from the United States, State Bank of India from India, China Construction Bank from China, Global IME Bank from Nepal, Maybank from Malaysia, Standard Chartered Bangladesh from Bangladesh, and Metrobank from the Philippines.

CORRESPONDENT NETWORK of Global IME Bank 

Global IME Bank, known for its timely and innovative customer-oriented services, has been awarded the Best Bank of Nepal by Global Finance Magazine. This accolade will further motivate the bank to offer innovative services in the future. The bank's success is attributed to the loyalty of its customers, the dedication of its staff, and the support from shareholders, regulatory bodies, and other stakeholders.

As the first commercial bank in the private sector with branches in every district of Nepal, Global IME Bank operates over 1,100 service centers, including 354 branch offices, 379 ATMs, 277 branchless banking services, 68 extension and revenue collection counters, and 3 foreign representatives. offices. Global IME Bank aims to become a bank for everyone by catering to the diverse needs of its more than 4.6 million customers through various services and facilities.

The bank plays a significant role in the economy by facilitating remittances from countries such as the United States of America, the United Kingdom, Canada, Australia, Malaysia, South Korea, Japan, Saudi Arabia, Qatar, the UAE, Bahrain, Kuwait, India , Jordan, Hong Kong, and others.

Global IME Bank, known for its timely and innovative customer-oriented services, has been awarded the Best Bank of Nepal by Global Finance Magazine. This accolade will further motivate the bank to offer innovative services in the future.