Global IME Bank Achieves Major Milestone with Over Rs 500 Billion in Deposits
Global IME Bank Limited has surpassed Rs 500 billion in total deposits, highlighting its strong position in the Nepali banking sector and public confidence in its stability and services. This achievement represents around 8.83% of the total deposits in Nepal's commercial banking industry, which recently reached Rs 5,674 billion according to the Nepal Rastra Bank.
The bank's success is attributed to its extensive branch network and digital banking services, which have expanded its reach in both urban and rural areas. Investments in new technologies have enhanced customer experience and attracted tech-savvy customers, significantly boosting deposit growth.
CEO Ratna Raj Bajracharya expressed gratitude towards customers and stakeholders, emphasizing the bank's commitment to exceptional service and innovation. Global IME Bank aims to further strengthen its market position through service expansion and technological advancements, focusing on sustainable growth and financial inclusion.
Global IME Bank, Nepal's largest commercial bank, has a presence in all 77 districts with over 1,100 service centers. It caters to over 4.8 million customers and plays a crucial role in the country's economy by facilitating remittances from the Nepali diaspora worldwide.