Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: On June 29, 2025, Global IME Bank Limited celebrated National Paddy Day by introducing its “Paddy Farming Loan” scheme and organizing a paddy planting event in Tokha Municipality, Ward No. 1, near Radha Krishna Temple. The initiative aligns with the Nepal government’s 2025/26 budget strategy to make the country self-reliant in rice production within two years, boosting agricultural modernization and sustainable farming.
The “Paddy Farming Loan” offers farmers up to NPR 2 million to purchase rice seeds, organic and chemical fertilizers, agricultural equipment, and other essentials. This scheme aims to promote optimal land use, increase farmers’ income, and elevate agriculture as a dignified and professional occupation. By providing financial support, the bank seeks to empower farmers, enhance rice production, and contribute to Nepal’s food security, making it an attractive prospect for agritourism enthusiasts visiting Kathmandu.
The paddy planting event saw enthusiastic participation from bank staff, local farmers, and community members, led by CEO Surendra Raj Regmi. Speaking at the event, Regmi highlighted the bank’s commitment to supporting the government’s goal of boosting rice production. “Our loan scheme and events like this aim to modernize agriculture, promote commercialization, and uplift farmers’ morale,” he said. The initiative strengthens Nepal’s agricultural sector, complementing its growing appeal as a destination for sustainable tourism and cultural experiences.
Global IME Bank, recognized as Nepal’s Best Bank by Global Finance’s Best Bank Award 2024 and Euromoney Awards for Excellence 2024, continues to prioritize customer-centric schemes. With 352 branches, 385 ATMs, and over 1,000 service points across all 77 districts, the bank is a leader in Nepal’s private banking sector. It also facilitates remittances from countries like the USA, UK, Canada, and UAE, supporting the nation’s economy.
The bank’s efforts align with Nepal’s tourism and agricultural goals, drawing visitors to explore local farming practices alongside attractions like Skywalk Kathmandu. For more details on the “Paddy Farming Loan” or to plan a visit to Nepal’s agricultural heartlands, visit Global IME Bank’s website or its Kamaladi branch.
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