4th February 2025, Kathmandu
Global IME Bank has partnered with InfoDevelopers Pvt. Ltd. to implement the ‘Budget 360’ system. This modern system aims to enhance the bank’s budgeting, planning, and resource management.
Global IME Budget 360
The agreement was officially signed by Surendra Raj Regmi, CEO of Global IME Bank, and Umesh Raghubanshi, Director of Strategy & Innovation at InfoDevelopers. The signing ceremony was attended by key officials from both organizations, marking the start of their collaboration.
Boosting Financial Efficiency with ‘Budget 360’
‘Budget 360’ is a sophisticated financial management system designed to automate budgeting, provide real-time reporting, and streamline tracking. This system will help Global IME Bank manage its resources more effectively and improve planning efficiency. It supports data-driven decision-making, which aligns with the bank’s long-term financial objectives.
CEO Surendra Raj Regmi emphasized that ‘Budget 360’ will significantly improve the bank’s budgeting processes. He stated that the system will help the bank use its resources efficiently, a crucial factor in meeting financial goals and making well-informed decisions.
“This system will streamline our financial planning and ensure effective resource utilization, essential for our growth,” Regmi said.
InfoDevelopers’ Enthusiasm for the Partnership
Umesh Raghuvanshi, Director at InfoDevelopers, expressed his excitement about the partnership. He highlighted that ‘Budget 360’ simplifies financial planning by providing real-time financial data, which will help the bank make better decisions.
“We are excited to work with Global IME Bank. This system will simplify budgeting and enhance decision-making by offering real-time insights into financial data,” Raghubanshi noted.
Easy Integration with Core Banking Systems
Another advantage of ‘Budget 360’ is its seamless integration with existing Core Banking Systems (CBS). This design ensures that the system can be easily customized to fit the bank’s specific needs, making it highly adaptable in various banking environments.
Event Attendees
The event saw the presence of Suman Pokharel, Deputy CEO of Global IME Bank, Chandra Raj Sharma, Assistant CEO, and Subash Paudel, Corporate Manager at InfoDevelopers.
Global IME Bank’s Recognition and Network
Global IME Bank earned notable recognition in 2024, being named Nepal’s Best Bank by Global Finance and Euromoney. The bank’s presence is widespread, with 355 branches spanning all 77 districts of Nepal. It operates 379 ATMs, 237 branchless banking services, and 69 extension counters to serve its customers.
International Remittance Services
The bank also plays an essential role in facilitating international remittances. It handles transfers from countries like the United States, United Kingdom, Canada, Australia, and several others.
Enhancing Sustainable Growth
The integration of ‘Budget 360’ will further strengthen the bank’s financial management, ensuring its continued growth and leadership in Nepal’s banking sector.
For more: Global IME Budget 360