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WCS2 GIME Bank

Sector: Raw Materials • Location: Nepal

Source: International Finance Corporation (IFC)

Project
Completed

The project is a credit line of US$20 million to be extended to Global IME Bank Ltd. (the Bank or GIME). The project will provide funding to the Bank to support the entities primarily, but not limited to Small and Medium Enterprises (“SMEs”) engaged in tourism, agriculture, micro finance and small & cottage industry sectors, as defined in the priority sector guidelines by NRB.In terms of size and

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Project Information

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The project “WCS2 GIME Bank” is an infrastructure initiative in the Raw Materials sector, located in Nepal. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

completed

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Email

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Description

Description

The project is a credit line of US$20 million to be extended to Global IME Bank Ltd. (the Bank or GIME). The project will provide funding to the Bank to support the entities primarily, but not limited to Small and Medium Enterprises (“SMEs”) engaged in tourism, agriculture, micro finance and small & cottage industry sectors, as defined in the priority sector guidelines by NRB.In terms of size and capitalization, the bank ranks 5th, among private sector commercial banks in Nepal. The total asset base and loan portfolio of the Bank were NPR124 billion (US$1,151 million equivalent) and NPR89.7 billion (US$833 million equivalent), respectively, as of April 13, 2018.       

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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