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Swiss Investment Fund commits $10 million investment in Global IME Bank to boost Nepal’s economy

KATHMANDU: In a significant development for Nepal’s banking sector, the Swiss Investment Fund for Emerging Markets (SIFEM) has pledged a substantial investment of 10 million US dollars (approximately 1 Arba 32 Crore rupees) in Global IME Bank Limited (GBIME). The agreement, inked by Ratnaraj Bajracharya, CEO of Global IME...

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