Global IME Bank’s 8.55 Global IME Bank Debenture 2086/87 listed on NEPSE


17th Sep, 2021 | Tourism Mail Crew


KATHMANDU, Sep 17: 3 million units of Global IME Bank Limited's "8.55 Global IME Bank Debenture 2086/87" bonds are listed on the Nepal Stock Exchange (NEPSE). Interest will be paid at the rate of 8.50 percent per annum in 6 months of each Fiscal Year on this 10 year term bond. The rating agency ICRA Nepal Limited has given a low rating to this bond. This rating indicates that the risk in investing in the bond is very low.

Global IME Bank aims to provide access to banking services to all sectors and classes across the country and abroad. The bank has 280 branches in 76 districts, 250 ATMs, 257 branchless banking services, 47 extensions and revenue collection counters and 3 foreign representative offices. It is providing service to more than one hundred thousand customers.

Similarly, the Bank has been making significant contribution to the country's economy by bringing remittances from the United States, United Kingdom, Canada, Australia, Malaysia, South Korea, Japan, Saudi Arabia, Qatar, UAE, Bahrain, Kuwait, India, Jordan, Hong Kong and other countries.