Global IME Bank & NFPJ Partnership: Collateral-Free Loans for Camera Purchases
6th February 2025, Kathmandu
Global IME Bank Limited has partnered with the National Forum of Photo Journalists (NFPJ)to provide collateral-free loans for camera purchases.
Global IME Bank NFPJ Partnership
The agreement was signed by Prakash Poudel, Head of Transaction Banking at Global IME Bank, and Pradeep Raj Banta, President of NFPJ. The initiative is aimed at supporting photojournalists with essential equipment for their work.
Loan Details
Under this agreement, the bank will offer loans ranging from NPR 200,000 to NPR 500,000. Photojournalists can avail themselves of the loan to purchase cameras, with flexible repayment terms ranging from six to eighteen months. This will make it easier for photojournalists to access the equipment they need for their profession.
Application Process
To apply for the loan, photojournalists must submit the required documents along with an application form and a recommendation letter from NFPJ. After completing the application process, they can approach the bank to begin the loan procedure.
Recognized Excellence in Banking
Global IME Bank has earned significant recognition for its banking services. The bank was awarded the “Best Bank Award 2024” by Global Finance and the “Euro Money Award for Excellence 2024” in two categories. These accolades highlight the bank’s ongoing commitment to excellence in the financial sector.
Nationwide Network and Services
Global IME Bank has the distinction of being the first private-sector commercial bank in Nepal with a presence in all 77 districts. The bank operates 355 branches, 385 ATMs, 237 branchless banking services, and 69 extension counters. It also has three foreign representative offices. With over 1,100 service centers, the bank provides comprehensive services to meet the needs of its customers across the country.
International Remittance Services
In addition to banking services, Global IME Bank offers remittance services from a variety of countries. The bank facilitates remittance inflows from the United States, United Kingdom, Canada, Australia, Malaysia, South Korea, Japan, Saudi Arabia, Qatar, UAE, Bahrain, Kuwait, India, Jordan, and other nations. This service supports the Nepalese diaspora in sending funds back home.
Commitment to Community Growth
Through this collaboration with NFPJ, Global IME Bank continues to demonstrate its commitment to supporting different sectors in Nepal. The initiative reflects the bank’s dedication to enhancing photojournalism while ensuring easy access to banking services for photojournalists in Nepal. This effort adds to the bank’s long-standing focus on contributing to the nation’s development through inclusive financial services.
For more: Global IME Bank NFPJ Partnership
