Founded 2007 | ||
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Global IME Bank Limited was established in 2007 as an ‘A’ class commercial bank in Nepal which provides entire commercial banking services. The bank was established with the largest capital base at the time with a paid up capital of NPR 1.0 billion. The paid up capital of the bank has since been increased to NPR 4.14 billion. The bank's shares are publicly traded as an 'A' category company in the Nepal Stock Exchange. Pursuant to the liberalized economic policy of the government, majority of the commercial banks have established their head office in the Kathmandu valley.
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Correspondent Network
The bank has been maintaining correspondent relationships with 74 different international banks from various countries to facilitate trade, remittance and other cross border services. Through these correspondents the bank is able to provide services in any major currencies in the world. The bank also maintains its extension offices in India and Middle East to assist in the remittance of funds from overseas Nepalese workers. These services are soon to be expanded to South Korea.
Network
Global IME Bank Limited is now operating 92 branches and 6 extension counters spread throughout Nepal. All of the bank's branches have been established as full service outlets. The bank also operates 103 ATMs throughout the country.