GIBL signs agreement with IFC
The agreement, which was signed on Thursday, involves providing advisory services to promote these areas.
KATHMANDU: Global IME Bank Limited (GIBL) has signed an agreement with the International Finance Corporation (IFC) to advance digital financial services and embedded finance models.
The agreement, which was signed on Thursday, involves providing advisory services to promote these areas.
The agreement was signed by Global IME Bank’s Chief Executive Officer, Surendra Raj Regmi, and IFC’s Industry Director for Financial Institutions Group, Asia and Pacific, Ellen Forlemu.
As part of the agreement, IFC, a member of the World Bank Group, will assess Global IME Bank’s digital transformation and data maturity, identify areas requiring improvement, and provide strategic recommendations to enhance the bank’s digital banking capabilities.
Additionally, IFC will advise the bank on the potential of fintech by conducting a feasibility study on embedded finance models.
This collaboration is expected to help transform existing services and facilities within the bank, leading to the development of innovative and technology-friendly services.
Surendra Raj Regmi, CEO of Global IME Bank, expressed confidence that the partnership would contribute to the promotion of digital banking and fintech advancements.
He further stated that the expertise and knowledge gained by IFC from around the world would help elevate Nepal’s banking sector to new heights.
