Global IME Bank Ltd. emerged after successful merger of Global Bank Ltd (an “A” class commercial bank), IME Financial Institution (a “C” class finance company) and Lord Buddha Finance Ltd. (a “C” class finance company) in year 2012. Two more development banks (Social Development Bank and Gulmi Bikas Bank) merged with Global IME Bank Ltd in year 2013. Later, in the year 2014, Global IME Bank made another merger with Commerz and Trust Bank Nepal Ltd. (an “A” class commercial bank). During 2015-16, Global IME Bank Limited acquired Pacific Development Bank Limited (a “B” Class Develpment Bank) and Reliable Development Bank Limited (a “B” Class Development Bank). Global IME has been conferred with “The Bank of the Year Award 2014” for Nepal by the Bankers Magazine (Publication of the Financial Times, UK) and “Best Internet Bank 2016- Nepal” by International Finance Magazine, London.
For more information refer to www.globalimebank.com
Kumari Bank Limited, came into existence as the fifteenth commercial bank of Nepal by starting its banking operations from Chaitra 21, 2057 B.S (April 03, 2001) with an objective of providing competitive and modern banking services in the Nepalese financial market. Kumari Bank Ltd has been providing wide – range of modern banking services through 76 points of representations located in various urban and semi urban part of the country, 74 branches outside and inside the valley; and 2 extension counters.
For more information refer to www.kumaribank.com
Reliance Life Insurance Limited was started in November of 2017 as a life insurance company with a capital base of Rs. 2 billion.
For more information refer to www.relifeinsurance.com
Incorporated in 1996, the company was the first foreign joint venture (JV) in Nepal in the field of General Insurance with its JV partner Ceylinco Insurance PLC of Sri Lanka, which was awarded “CNCI Achievers Industrial Excellence – 2002” Gold Medal by The Ceylon National Chamber of Industries.
For more information refer to www.sagarmathainsurance.com.np
Siddhartha Bank Limited commenced its operations on December 25, 2002 as the 17th commercial bank of Nepal. Within a decade, the Bank has created a distinct identity in serving its customers through a network of over 70+ branches. The Bank through its subsidiary, Siddhartha Capital Limited, launched the country’s first Mutual Fund in 2012.
For more information refer to www.siddharthabank.com
Siddhartha Capital Limited is a subsidiary of Siddhartha Bank Limited, which holds 51 percent of the paid up capital of Siddhartha Capital Limited. The company is the fund manager of Siddhartha Mutual Fund, the first registered mutual fund in Nepal as per the Mutual Fund Regulation 2010.
For more information refer to www.siddharthacapital.com
Siddhartha Insurance Limited is a General Insurance company registered with the Government of Nepal and has been issued a license by Beema Samiti (Controller of Insurance). The company boasts state of the art infrastructure and offers its customers both personal and commercial general insurance. The company insures all types of risk with an emphasis on property, liability and accidental insurance.
For more information refer to www.siddharthainsurance.com