Global IME Bank Approves 10% Dividend at 20th AGM
Summary
Global IME Bank Limited has approved a 10% dividend for shareholders at its 20th Annual General Meeting in Kathmandu. The bank reported a net profit of Rs 6.04 billion and an operating profit of Rs 9.60 billion for the fiscal year 2082/83.
Key Points
- Global IME Bank approved a 10% dividend, including 4% bonus shares and 6% cash dividend.
- Its paid-up capital will rise to Rs 39.69 billion after the bonus share issuance.
- The bank reported a net profit of Rs 6.04 billion, up 15.90% from the previous fiscal year.
- It also donated Rs 57.59 million to the Prime Minister’s Disaster Relief Fund after floods in the Bhotekoshi and Trishuli rivers.
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