KATHMANDU, Nov 23: Global IME Bank has emerged as the highest taxpayer among all banks and financial institutions in Nepal for the Fiscal Year 2021/23. According to the press release issued by the bank, the bank has contributed a corporate tax of Rs 3.2 billion during this period. At present, the Global IME Bank holds the position of the largest bank in the country in terms of capital. Established in 2007 as a commercial bank, Global IME Bank achieved this status through the merger and acquisition of 21 banks and financial institutions, including five commercial banks, 10 development banks, and six finance companies. With a customer base exceeding 4.2 million and a workforce of more than 4,000 employees, Global IME Bank continues to solidify its position as a key player in the banking sector.

Source: International New York Times November 23, 2023 11:15 UTC