IFC & Global IME Bank: Driving Digital Financial Services in Nepal
28th March 2025, Kathmandu
Global IME Bank Limited, Nepal’s leading financial institution, has signed a landmark agreement with the International Finance Corporation (IFC), a member of the World Bank Group, to accelerate digital financial services and embedded finance in Nepal.
IFC & Global IME Bank Collaboration
This strategic partnership aims to enhance the bank’s digital capabilities, improve customer experience, and drive fintech innovation across the country.
Key Highlights of the Partnership
The collaboration between Global IME Bank and IFC focuses on:
Digital Transformation Assessment – IFC will evaluate the bank’s digital maturity and identify areas for improvement.
Strategic Recommendations – Expert advice on enhancing digital banking services and customer engagement.
Embedded Finance Models – Exploring fintech opportunities to integrate banking services into non-financial platforms (e.g., e-commerce, telecom, and agribusiness).
Why This Partnership Matters for Nepal’s Banking Sector?
Nepal’s financial landscape is rapidly evolving, with increasing demand for digital banking, mobile payments, and seamless financial services. By leveraging IFC’s global expertise, Global IME Bank aims to:
Enhance digital banking infrastructure for faster, secure, and user-friendly services.
Expand fintech adoption through embedded finance, enabling services like buy-now-pay-later (BNPL), digital wallets, and API banking.
Strengthen financial inclusion by reaching underserved populations with innovative solutions.
Global IME Bank: A Leader in Nepal’s Financial Sector
Recognized as the Best Bank in Nepal 2024 by Global Finance and recipient of the Euromoney Award for Excellence 2024, Global IME Bank has a vast network:
355 branch offices
385 ATMs
237 branchless banking services
3 foreign representative offices
Remittance services from 14+ countries
IFC’s Role in Advancing Digital Finance
As part of the World Bank Group, IFC supports private sector growth in emerging markets. By advising Global IME Bank, IFC will help:
Improve data-driven decision-making
Foster fintech collaborations
Boost Nepal’s digital economy
The Future of Digital Banking in Nepal
This partnership marks a major step toward Nepal’s digital banking revolution, setting a benchmark for other financial institutions. With embedded finance and cutting-edge fintech solutions, Global IME Bank is poised to deliver world-class digital banking experiences to millions of Nepalis.
Conclusion
The collaboration between Global IME Bank and IFC is a game-changer for Nepal’s financial sector, paving the way for smarter, faster, and more inclusive banking services. As digital transformation accelerates, customers can expect seamless, secure, and innovative financial solutions in the years ahead.
For more: IFC & Global IME Bank Collaboration
