GIME receives a loan.

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Global IME Bank Ltd (GIME), one of Nepal’s largest commercial banks, has received a $25 million loan from CDC Group ( to become British Investment), the UK’s development financing organization.

According to a news release, CDC’s pledge will improve GIME’s ability to provide loans to firms in key economic priority sectors boost economic prospects across the country.

By bolstering GIME’s ability to enhance lending to enterprises in critical economic sectors like infrastructure, manufacturing, agriculture, tourism, the facility will also help funding gaps in the market.

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