Kathmandu, Mar. 11
Global IME Bank Limited and Kamana Sewa
Bikas Bank Limited have signed a Memorandum of Understanding (MoU) to provide
non-fund-based banking facilities to the customers of the latter.
The MoU is signed by the Chief
Executive Officer of GIBL, Ratna Raj Bajracharya and CEO of Kamana Sewa, Prabin
Basnet.
As per the understanding, GIBL will
provide services like Letter of Credit, bank guarantee, document against
payment, document against acceptance and trade transaction banking to the
customers of Kamana Sewa.
GIBL has 287 branches, 252 ATMs, 274
branchless banking, 50 extension counter and 3 representative offices in
foreign countries. Likewise, Kamana Sewa has 132 branches, 1 extension counter,
4 branchless banking and 77 ATMs across the country.
Published in The Rising Nepal daily on 12 April 2022.
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