Overview
Global IME Bank Limited (GIBL) emerged after successful merger of Global Bank Limited (an “A” class commercial bank), IME Financial Institution (a “C” class finance company) and Lord Buddha Finance Limited (a “C” class finance company) in the year of 2012. Two more development banks (Social Development Bank Limited and Gulmi Bikas Bank Limited) merged with Global IME Bank Limited in the year 2013. Later, in the year 2014, Global IME Bank made another merger with Commerz and Trust Bank Nepal Limited (an “A” class commercial bank). During 2015-16, Global IME Bank Limited acquired Pacific Development Bank Limited (a "B" Class Development Bank) and Reliable Development Bank Limited (a "B" Class Development Bank). Global IME Bank Limited (GIBL) is an 'a' Class commercial bank licensed by Nepal Rastra Bank.
Global Bank Limited (GBL) was established in 2007 as an ‘A’ class commercial bank in Nepal which provided entire commercial banking services. The bank was established with the largest capital base at the time with paid-up capital of NPR 1.0 billion. The paid-up capital of the bank has since been increased to NPR 8.88 billion. The bank's shares are publicly traded as an 'A' category company in the Nepal Stock Exchange (NEPSE).
