GIBL signs partnership agreement with Mahalaxmi Bikas Bank

KATHMANDU: Global IME Bank Limited (GIBL) and Mahalaxmi Bikas Bank have signed a memorandum of understanding (MoU) to provide non-fund-based banking services.

Surendra Raj Regmi, the Chief Executive Officer of GIBL, and Dipesh Lamsal, the Chief Executive Officer of Mahalaxmi Development Bank signed the MoU.

Under this agreement, customers of Mahalaxmi Bikas Bank will be able to access various non-fund-based banking facilities such as Letters of Credit, Bank Guarantees, Documents against Payment, Documents against Acceptance, and Trade Transaction Banking through GIBL, as per the recommendation of Mahalaxmi Bikas Bank.