Kathmandu. Global IME Bank Limited and the International Finance Corporation (IFC) have signed an agreement to provide advisory services to advance digital financial services and embedded finance models.
The agreement was signed by Global IME Bank Chief Executive Officer Surendra Raj Regmi and IFC’s FIG, Asia and Pacific Regional Industry Director Alain Forlemu.
As per the agreement, IFC, a member of the World Bank Group, will assess Global IME Bank’s digital transformation and data maturity, identify areas for improvement, and provide strategic advice to enhance the bank’s digital banking capabilities. .
In addition, IFC will provide advice to Global IME Bank by studying the feasibility of fintech to promote embedded finance models.
The bank is confident that after this agreement, it will be easier to develop innovative and technology-friendly services by transforming the various services and facilities available in the bank.
Informing that Global IME Bank is committed to providing international-level digital banking services to its customers, the bank’s Chief Executive Officer Surendra Raj Regmi said that this agreement will help in the promotion of the bank’s digital banking and will help in new developments and applications in fintech. .
He expressed confidence that the knowledge and experience gained by IFC from around the world in digital banking and fintech partnerships will take Nepal’s banking sector to new heights.
Global IME Bank was honored as the best bank in Nepal in two categories: Global Finance’s Best Bank Award 2024 and Euromoney Award for Excellence 2024. In addition, Global IME Bank has been honored in different categories by various national and international organizations.
Global IME Bank is the first private sector commercial bank with a branch network in all seventy-seven districts of the country. The bank has been providing excellent service to its customers from more than 1,100 service centers, including 355 branch offices, 385 ATMs, 237 branchless banking services, 67 extension and revenue collection counters, and 3 foreign representative offices.
In addition to providing banking services to Nepali citizens, the bank has also been providing remittance services from various countries around the world. The bank has been working to receive remittances from countries including the United States, United Kingdom, Canada, Australia, Malaysia, South Korea, Japan, Saudi Arabia, Qatar, UAE, Bahrain, Kuwait, India, Jordan, and others.
IFC, a member of the World Bank Group, works to promote and develop the private sector, economic growth, and poverty reduction in developing countries.
