Global IME Bank enters its 14th year of establishment

3rd Jan, 2021 | Tourism Mail Crew

KATHMANDU, Jan 03: Global IME Bank Limited has entered its 14th year of establishment since Saturday. 

Within a short period of its establishment, the bank has become the largest and strongest bank in Nepal in terms of capital, business, branch network.

The bank's current paid-up capital will be around Rs 19 billion (more than Rs 21 billion after the proposed 14 percent bonus) and a reserve fund of Rs 27.24 billion, total deposits of Rs 249 billion and total loans of more than Rs 211 billion.
Similarly, the Bank aims to provide access to banking services to all sectors and classes in all 7 provinces and 73 districts. The Bank has 264 branches, 240 ATMs, 243 branchless banking services, 24 extension counters, 1 CDS clearing counter, 23 revenue collection counters and 3 It is providing services from about 797 service centers including foreign representative offices.

Similarly, the Bank has been making significant contribution to the economy of the country by sending remittances from the United States, United Kingdom, Australia, Malaysia, South Korea, Japan, Saudi Arabia, Qatar, UAE, Bahrain, Kuwait, India, Jordan and other countries.
In his congratulatory message on the occasion of the 14th anniversary of the bank, Global IME Bank Chairman Chandra Prasad Dhakal said that it has become easier to provide modern, quality and reliable banking services to the customers after the merger.
He expressed confidence that the bank's achievements in post-merger management would be even more encouraging in the days to come.
Chairman Dhakal said that after the merger / acquisition with various banks and financial institutions, the capital of the bank has increased and the competitiveness, financial, human resource, technical and other capabilities of the bank have increased.
He said that the banks have continued to provide services to their customers and clients even during the epidemic of COVID-19, adding that it has increased the confidence of the general public towards banks and financial institutions.
"Everyone will remember the service we rendered in the most complex and tragic situation of the global epidemic of Covid-19.
It has established that banking is not only a business but also a partner in disasters and a driver of crisis,”he said.
Dhakal, who is also the senior vice-president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), said that the bank has become the driver of the crisis of businessmen by giving various concessions and discounts to businesses and entrepreneurs during the epidemic.
"During the crisis and crisis of the global epidemic, the banks acted as the driver of the private sector crisis by extending the loan installment and interest repayment period of the private sector as per the directives of Nepal Rastra Bank, giving interest rebates," he said. We have come to know that if this is done, we can overcome the potential crisis in the future or reduce its damage.
We have also received the message that we must move forward together, not rupture, in times of crisis. "
In his congratulatory message, Ratna Raj Bajracharya, Chief Executive Officer of the Bank, said that after various mergers and acquisitions, Global IME Bank has now become one of the best, strongest and strongest banks in the country.
‘Global IME Bank has been the largest and best bank in the country in many indicators since the merger.
The bank is working to take it to new heights and realize its original slogan of "Bank for All" by expanding its services to all 77 districts, 'he said.
Stating that the management of the bank is focused on merger and post-merger management, he said that the bank will be established as the best and strongest bank in the country from now on.
"There is still a lot of work to be done after the merger," said Bajracharya, chief executive officer.
He also expressed his heartfelt gratitude to the Government of Nepal, Nepal Rastra Bank, Securities Board of Nepal and various regulatory bodies, customers and all service recipients for their continued support, cooperation and trust towards the bank.