Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: Global IME Bank has successfully executed financial literacy programs simultaneously in seven provinces. The bank has identified various targeted groups excluded from financial access due to institutional and social responsibilities and has conducted financial literacy programs in 35 branches across all seven provinces.
Participants in the program included farmers, small and medium-sized entrepreneurs, laborers, potential individuals seeking foreign employment, students, women, recipients of remittances, and local youth.
The program aimed to provide information on savings, loans, remittances, digital banking, insurance, investment, additional banking services, financial fraud, and financial discipline.
Operational in 35 locations across various districts of the country, the bank disseminated information on topics such as savings, loans, remittances, digital banking, insurance, investment, financial fraud, and financial discipline to over four thousand individuals.
In the Bagmati Province, the bank organized programs in Bhaktapur district, Madhyapur Thimi Municipality, Gosainkunda Rural Municipality in Rasuwa district, Chandragiri Municipality in Kathmandu district, and Lalitpur Metropolitan City in Lalitpur district. More than seven hundred individuals participated in various programs held in these locations.
Similarly, in Gandaki Province, the bank conducted programs in Dhorpatan Municipality in Baglung district, Baglung Municipality, Jamini Municipality, Kusma Municipality in Parbat district, and Pokhara Metropolitan City in Kaski district, with participation from over nine hundred locals.
Under the Lumbini Province, programs were organized in Kapilvastu Municipality, Banaganga Municipality, Shivaraj Municipality, Gorahi Metropolitan City in Dang district, Ruru Rural Municipality, Resunga Municipality in Gulmi district, Isma Rural Municipality in Palpa district, Tanahu Municipality in Tanahu district, Bardaghat Municipality in Nawalparasi district, Pyuthan Municipality in Pyuthan district, Parbatin in Rolpa district, Sunil Smriti Rural Municipality, and Butwal Sub-Metropolitan City, Tilotamma Municipality in Rupandehi district, with the participation of over eighteen hundred locals.
Moreover, in Sudurpashchim Province, programs were conducted in Dipayal Silgadhi Municipality in Doti district, Bogtan Fudsil Rural Municipality, Purbi Chauki Rural Municipality, Badimalika Municipality in Bajura district, Dasharathchand Municipality in Baitadi district, Ajayameru Rural Municipality in Dadeldhura district, Bhimdatta Municipality in Kanchanpur district, and Dhangadhi Sub-Metropolitan City in Kailali district, with the participation of more than seven hundred and fifty locals.
The bank’s expansion has seen the establishment of more than three hundred and fifty-five branches, three hundred and seventy-eight ATMs, two hundred and seventy-five branchless banking services, sixty-five extensions, and revenue collection counters, along with three foreign representative offices, providing services to over four million customers.
Additionally, the bank plays a crucial role in contributing to the country’s economy by facilitating remittances from the United States, the United Kingdom, Canada, Australia, Malaysia, South Korea, Japan, Saudi Arabia, Qatar, UAE, Bahrain, India, Jordan, Hong Kong, and other countries.
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