Kathmandu. Global IME Bank and Floriculture Association of Nepal have signed a memorandum of understanding on the use of greenhouse technology in floriculture and ornamental crop production and development of easy loan system.

Mr. Ashim Karmacharya, Head of Infrastructure & Project Finance of the Bank and Mr. Rajesh Bhakta Shrestha, President of Floriculture Association Nepal, signed the MoU.

As per the agreement, the bank will provide special greenhouse loan targeting floriculture entrepreneurs and farmers. Also, Floriculture Association Nepal will provide information to its members about the Bank’s Agricultural Credit Scheme.

It will help in increasing floriculture and productivity of entrepreneurs and farmers, promotion of greenhouse technologies, development of quality infrastructure and enhancement of services. The collaboration is expected to motivate floriculture entrepreneurs and farmers to adopt climate resilient practices, sustainable business practices and modern technology.

The partnership between the bank and Association of Nepal is believed to facilitate expansion of financial access to floriculture entrepreneurs and entrepreneurs to invest in greenhouse technology and increase the production and productivity of floriculture and ornamental plants.

Global IME Bank has been honored by various national and international organizations in different categories. The bank is the recipient of many prestigious awards including Bank of the Year 2014, Best Internet Bank 2016, Best Bank Nepal 2024 & 2025, Euromoney Award for Excellence 2022, 2024 & 2025, Best Bank ESG Nepal 2024, Best Employer etc.

Global IME Bank is the first commercial bank in the private sector to have branches in all 77 districts of the country. The bank at present has been providing its services through 352 branches, 384 ATM outlets, 150 branchless banking units, 68 extension and revenue collection counters, and 3 foreign relations offices in its widening network.

The bank has been providing financial services to Nepalese citizens from all over the world through remittance services. The bank has been providing remittance services to countries like USA, UK, Canada, Australia, Malaysia, South Korea, Japan, Saudi Arabia, Qatar, UAE, Bahrain, Kuwait, India and Jordan.