completed · Livelihoods

WCS2 GIME Bank

0 0 0 0 0 0 0 0 0.0000 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 Enterprise s (SME s ) 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$1,1 51 million equivalent) and NPR89.7 billion ( US$8 33 million equivalent) , respectively, as of April 13, 2018.

USD 20.0M budget ·USD 0 disbursed ·International Finance Corporation implementer ·Nepal location ·Oct 2, 2019 – — timeline

Overview

About this project

0 0 0 0 0 0 0 0 0.0000 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 Enterprise s (SME s ) 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$1,1 51 million equivalent) and NPR89.7 billion ( US$8 33 million equivalent) , respectively, as of April 13, 2018.

Progress

0%
  • Plan
  • Implementation
  • Outcomes

Alignment

SDG focus

No SDGs tagged.