16th October 2024, Kathmandu
Global IME Bank Limited and Mahalaxmi Bikas Bank have agreed to provide non-fund-based banking services. The agreement was signed by Surendra Raj Regmi, CEO of Global IME Bank Limited, and Dipesh Lamsal, CEO of Mahalaxmi Bikas Bank.
Global IME and Mahalaxmi Bikas Bank Partnership
Under this agreement, Mahalaxmi Bikas Bank’s customers can now access various non-fund-based banking services such as Letters of Credit, Bank Guarantees, Document Against Payment, Document Against Acceptance, and Trade Transaction Banking, among others, through the recommendation of Mahalaxmi Bikas Bank and the facilitation of Global IME Bank.
Global IME Bank was recognized as the best bank in Nepal in two categories under the prestigious Euromoney Award for Excellence 2024. The bank has also been honored by numerous national and international organizations for excellence in various fields.
Global IME Bank is the first private commercial bank in Nepal to establish a branch network in all 77 districts of the country. It currently operates with 354 branches, 384 ATMs, 255 branchless banking units, 68 extension counters, and 3 international representative offices, totaling over 1,000 service points.
Global IME Bank is dedicated to providing comprehensive banking services to all sectors, offering a wide range of innovative products and services to meet the needs of its diverse customer base.
Similarly, Mahalaxmi Bikas Bank, established in 1995, has emerged as a leading development bank in Nepal. Operating under the motto “Strong Bank, Successful Partnership,” the bank provides services to over 800,000 customers through 103 branches and 49 ATMs across the country.
This partnership between the two banks aims to enhance the business operations of Mahalaxmi Bikas Bank’s clients by providing them access to essential non-fund-based banking solutions through Global IME Bank.
For more: Global IME and Mahalaxmi Bikas Bank Partnership