nic bank
himalayan everesat
Nmb bank

Global IME Bank, IFC signs deal for enhanced risk management and inclusive finance

sanimareliance life
मिडिया स्पेस सोलुसन्स प्रालि
Machhapuchchhre Bank

 

Global IME Bank Limited has signed an agreement with the International Finance Corporation (IFC), a member of the World Bank Group, to provide advisory services to Global IME Bank across various risk management areas.

 

These services encompass enhancing the operational risk management framework, establishing robust risk control systems, developing scoring models for credit approval systems, creating enhanced stress testing models, and delivering international-level training and development support for the Bank’s staff.

 

Furthermore, IFC will support the Bank in proactively addressing climate finance and gender finance issues, which are significant concerns in Nepal and globally.

 

Through these services, the Bank will gain insights into climate finance concepts, assess energy efficiency in manufacturing industries, and deepen its understanding of gender finance, thereby promoting greater inclusion of women entrepreneurs through improved access to finance and skill development.

These advisory services are anticipated to be pivotal in enhancing the Bank’s information system and decision-making processes.

Automation of various credit assessment systems and tools will be emphasized, effectively elevating the Bank’s credit assessment and management system to international standards.

IFC will deploy a core team of global experts specialized in their respective fields to provide advisory services to the Bank.

 

These services will be delivered both virtually from different parts of the world and through frequent visits or stationed experts in Nepal.

 

It is noteworthy that IFC has successfully provided similar advisory services to banks in various countries, including Vietnam, Sri Lanka, and India.

NMB Bank joins global call for binding Treaty to end use of fossil fuels

NMB Bank joins global call for binding...

वि.सं.२०८१ वैशाख १० सोमवार २२:०६

  22 April, 2024 - NMB Bank Limited, along with...

Courtesy meeting between Vice President Yadav and Ambassador Hashmi of Pakistan

Courtesy meeting between Vice President Yadav and...

वि.सं.२०८१ वैशाख १ शनिवार १८:४४

  Honorable Vice President Mr. Ramsahay Prasad Yadav was paid...

       Government ready to facilitate foreign investors: PM Dahal

       Government ready to facilitate foreign investors:...

वि.सं.२०८० चैत २९ बिहीवार २३:०४

    Prime Minister Pushpa Kamal Dahal has said the...

             Standard Chartered Bank Nepal inaugurates at Mukumlung Complex, Dharan      

            Standard Chartered Bank Nepal inaugurates at...

वि.सं.२०८० चैत २७ मंगलवार २१:३७

  Standard Chartered Bank Nepal Limited inaugurates at Mukumlung Complex,...

Laxmi Sunrise Bank Reinforces Commitment to Gender Equality and Female Empowerment

Laxmi Sunrise Bank Reinforces Commitment to Gender...

वि.सं.२०८० चैत १८ आइतवार १४:१८

  Kathmandu, March 31, 2024 – Laxmi Sunrise Bank hosted...

Namaste Pay successfully conducted different activities on Global Money Week 2024

Namaste Pay successfully conducted different activities on...

वि.सं.२०८० चैत १६ शुक्रवार २१:२५

Kathmandu, 17 th Chaitra: Namaste Pay successfully conducted various activities...