Tuesday , 10th December 2019

Global IME Bank to provide 25.5 percent dividends

Kathmandu- The Global IME Bank has decided to provide 25.5 percent dividends to shareholders in the fiscal year 2018/19 BS. The 13th annual general meeting (AGM) of the bank took a decision to this effect.

The bank said it generated net income of Rs 2.76 billion in the fiscal year 2018/19.

Its paid-up capital would reach Rs 19.76 billion following the distribution of bonus shares, according to the bank.

Likewise, the AGM has decided to merge Janata Bank Nepal Limited with Global IME Bank Limited, said Bank’s Chair Chandra Prasad Dhakal.