Nepalese commercial bank
Global IME Bank Limited[2] (Founded as IME financial institution) is a commercial bank in Nepal. The bank was an ‘A’ class commercial bank licensed by Nepal Rastra Bank[3] and had branches all across the nation with its head office in Kathmandu which provided a complete commercial banking service. The Bank was formed with the merger and acquisition of 21 BFIs including 5 commercial banks i.e. Commerz and Trust Bank, Global Bank, Janata Bank Nepal, Lumbini Bank & Bank of Kathmandu.[4]
Ownership structure
The Bank currently has a paid-up capital of Nepalese Rupees 36.13 Billion (as of FY 2023/24) [5]
- Promoter Group - 51.24%
- General Public - 48.76%
Subsidiaries
The bank's subsidiaries are as follows:
- Global IME Capital Limited.[6]
- JBNL Securities Limited. [7]
- Global IME Laghubitta Bittiya Sanstha Limited. [8]
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
External links