Global IME Bank Limited
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{{Sources exist|date=August 2024}}
{{Third-party|date=August 2024}}
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{{Short description|Nepalese commercial bank}}
{{Use dmy dates|date=February 2021}}
{{Infobox company
| name = Global IME Bank Limited
| caption =
| type = Public
| traded_as = NEPSE: [http://www.nepalstock.com/company/display/341 GBIME]
| foundation = {{Start date and age|02|01|2007}}
| location_city = Kamaladi, Kathmandu
| location_country = Nepal
| num_locations = 440|
| key_people = Mr. Chandra Prasad Dhakal (Chairman)
Mr. Surendra Raj Regmi CEO
| products = Loans, Credit cards, Savings, Investment, Merchant banking
| area_served = Nepal
| industry = Banking
| income_year =
| net_income = {{Increase}} {{NPRConvert|601|c}}{{cite web | url=https://www.sharesansar.com/announcementdetail/global-ime-bank-limited-has-posted-a-net-profit-of-rs-601-billion-and-published-its-4th-quarter-company-analysis-of-the-fiscal-year-208081-2024-08-05 | title=Global IME Bank Limited has posted a net profit of Rs 6.01 billion| date=5 August 2024 }}
| net_income_year = 2023
| num_employees = 3,600+
| homepage = {{ url |http://www.globalimebank.com }}
}}
Global IME Bank Limited{{cite web|url=https://www.globalimebank.com/|title=Janata Bank Nepal Limited|website=globalimebank.com|accessdate=25 December 2023}} (originally founded as Global Bank Limited) is a commercial bank in Nepal. In 2012, it merged with the former IME Financial Institution Limited and Lord Buddha Finance Limited, subsequently rebranding and operating as Global IME Bank Limited. The bank is an ‘A’ class commercial bank licensed by Nepal Rastra Bank{{cite web|url=https://www.nrb.org.np/|title=Nepal Rastra Bank - Central Bank of Nepal|website=Nrb.org.np|accessdate=25 December 2023}} and has branches all across the nation with its head office in Kathmandu which provides a complete commercial banking service. Over time, the bank has expanded through the merger and acquisition of 21 banking and financial institutions (BFIs), including five commercial banks: Commerz and Trust Bank, Global Bank, Janata Bank Nepal, Lumbini Bank, and Bank of Kathmandu.{{cite web|url=https://www.globalimebank.com/pages/company-profile|title=History Of Global IME bank }}
Ownership structure
The Bank currently has a paid-up capital of Nepalese Rupees 38.1158 Billion (as of FY 2023/24), largest in the country. {{cite web |title=NEPSE Profile |url=https://nepalstock.com.np/company/detail/341}}
- Promoter Group - 51.24%
- General Public - 48.76%
Subsidiaries
The bank's subsidiaries are as follows:
- Global IME Capital Limited.{{cite web |title=Company Profile - Global IME Bank Ltd. |url=https://www.globalimebank.com/about-us/ |website=Global IME Bank}}
- Global IME Securities Limited. {{cite web |url=https://gisl.com.np/|title=Home |website=gisl.com.np/|date=23 December 2024 }}
- Global IME Laghubitta Bittiya Sanstha Limited. {{cite web |url=https://gilb.com.np/company-overview/|title=Home |website=gilb.com.np}}
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
{{Portal|Banks}}
References
{{Reflist}}
External links
- [http://www.janatabank.com.np/ Official website of Janata Bank Nepal Limited] {{Webarchive|url=https://web.archive.org/web/20240716115647/https://www.janatabank.com.np/ |date=16 July 2024 }}
- [http://www.nrb.org.np Official website of Nepal Rastra Bank]