Global IME Bank Partners with Shangrila Development Bank to Provide Non-Fund-Based Banking Services

Global IME Bank Limited and Shangrila Development Bank Limited (SADBL) have signed a memorandum of understanding to provide non-fund-based banking services to SADBL customers. Under this agreement, Global IME Bank will offer services such as letters of credit, bank guarantees, documents against payment/acceptance, and trade transaction banking.

Global IME Bank, recognized as Nepal’s best bank in 2024 and 2025, operates over 350 branches, 384 ATMs, and 1,000+ service points nationwide, also providing international remittance services. Shangrila Development Bank serves customers through 109 branches and 30 ATMs across Nepal.