Global IME Bank Limited (Formarly Janata Bank Nepal Limited) is a
commercial bank
A commercial bank is a financial institution that accepts deposits from the public and gives loans for the purposes of consumption and investment to make a profit.
It can also refer to a bank or a division of a larger bank that deals with whol ...
in
Nepal
Nepal, officially the Federal Democratic Republic of Nepal, is a landlocked country in South Asia. It is mainly situated in the Himalayas, but also includes parts of the Indo-Gangetic Plain. It borders the Tibet Autonomous Region of China Ch ...
. The bank was an ‘A’ class commercial bank licensed by
Nepal Rastra Bank
The Nepal Rastra Bank (NRB; ) was established on April 26, 1956 A.D. (Nepali Date: Baisakh 14, 2013 B.S.) under the Nepal Rastra Bank Act, 1955, to discharge the central banking responsibilities including guiding the development of the embryonic ...
and had branches all across the nation with its head office in
Kathmandu
Kathmandu () is the capital and largest city of Nepal, situated in the central part of the country within the Kathmandu Valley. As per the 2021 Nepal census, it has a population of 845,767 residing in 105,649 households, with approximately 4 mi ...
which provided a complete commercial banking service.The Bank was formed merging formar Janata Bank Nepal Limited and Global IME Bank Limited.
The bank's shares were publicly traded as an 'A' category company in the Nepal Stock Exchange.
The Bank has been merged with Global IME Bank Limited and since being operated with later name.
Correspondent Network
The bank had been maintaining harmonious correspondent relationships with various international banks from various countries to facilitate trade, remittance and other cross border services. Through these correspondents the bank was able to provide services in any major currencies in the world.
Merger agreement
Janata Bank signed an agreement wit
Global IME Bank Limitedon 20th Asar 2076 according to which the name of bank will remains the same but the core members will be changed.
Merger was completed and joint transactions was started on the name of Global IME Bank Limited from 6 December 2019.
See also
*
list of banks in Nepal
The Nepal Rastra Bank has licensed 107 BFIs as of mid-Jan 2025 and 4 of them are declared problematic a& transactions are suspended. This is a list of banks and financial institutions in Nepal licensed by the Nepal Rastra Bank and their branches/ ...
*
Commercial Banks of Nepal
References
{{Reflist
External links
Official website of Janata Bank Nepal LimitedOfficial website of Nepal Rastra Bank
Banks of Nepal
2010 establishments in Nepal