We have information on the List of companies merged with Global IME Bank Ltd (GBIME). It is the biggest commercial banks in Nepal with highest paid up capital. Along with it, there are 19 other commercial banks in Nepal.
The founder and chairman of Global IME Bank is Mr. Chandra Prasad Dhakal.
As of now, the Global IME Bank has merged with more than 8 banks and financial institutions.
List of companies merged with Global IME Bank Ltd (GBIME)
Following are the banks and financial institutions merged with Global IME Banks.
- Global Bank Limited (GBL): Merged with IME Financial Institution and Lord Buddha Finance Ltd in 2012 to form Global IME Bank.
- Social Development Bank and Gulmi Bikas Bank: Merged with Global IME Bank in 2013
- Commerz and Trust Bank Nepal Ltd: Merged with Global IME Bank in 2014.
- Pacific Development Bank Limited and Reliable Development Bank Limited: Acquired by Global IME Bank in 2015-16.
- Hathway Finance Limited: Acquired by Global IME Bank in 2019-20.
- Janata Bank Nepal Limited: Merged with Global IME Bank in 2019-20.
- Bank of Kathmandu Limited: Merged with Global IME Bank to form Global IME BOK Limited.
Among the list maximum are commercial banks with big names.
Ownership structure
Following is the ownership structure of Global IME Bank ltd.
- Promoter Group – 51.24%.
- General Public – 48.76%.
Other Important Links
Subsidiaries of the Global IME Bank
Following are the subsidiaries companies of the GBIME:
- Global IME Capital Limited.
- JBNL Securities Limited.
- Global IME Laghubitta Bittiya Sanstha Limited.
Read More: Low Capital Commercial Banks in Nepal.
Janata Bank Nepal Limited
Janata Bank signed an agreement with Global IME Bank Limited on 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.
Read More: List of companies merged with Nabil Bank Ltd (NABIL).
Bank of Kathmandu Ltd
Bank of Kathmandu Ltd is formed following the merger of Bank of Kathmandu and Lumbini Bank, has become a prominent name in the Nepalese banking sector.
Hence, these are the List of companies merged with Global IME Bank Ltd.
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