Global IME Bank Tops Banking Sector in Tax Contributions

Hamrakura
Published 2023 Nov 23 Thursday

Kathmandu: Global IME Bank has secured the position of the highest taxpayer among all banks and financial institutions in Nepal for the fiscal year 2021/23. The bank has made a significant corporate tax contribution, amounting to Rs 3.2 billion during this period. Currently holding the status of the largest bank in the country in terms of capital, Global IME Bank disclosed these details in a press release.

Established in 2007 as a commercial bank, Global IME Bank achieved this remarkable feat through the merger and acquisition of 21 banks and financial institutions, including five commercial banks, 10 development banks, and six finance companies.

The bank is actively engaged in the process of digitization and has embraced 'Vision-2025,' a strategic plan aimed at doubling its business through the application of modern technologies and digitization.

Global IME Bank has established a nationwide presence with 350 branches, 369 ATM counters, 322 branchless units, and 64 extension counters across all 77 districts of Nepal. Internationally, the bank has expanded its reach with representative offices in London (UK), New Delhi (India), and Sydney (Australia), maintaining three international contact points.

With a customer base exceeding 4.2 million and a workforce of more than 4,000 employees, Global IME Bank continues to strengthen its position as a key player in the banking sector.



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