Kathmandu, Nov. 12
The 19th
Annual General Meeting of the Global IME Bank Limited has unanimously approved
the bank’s proposal to distribute an 8 per cent cash dividend (including tax) to
its shareholders.
The AGM held in
Kathmandu on Wednesday approved to distribute 8 per cent dividend from the
profit, including the retained earnings of the fiscal year 2024/25.
In the las FY, the
bank earned an operating profit of Rs 7.23 billion and a net profit after tax
of Rs 5.07 billion.
Addressing the general
meeting, Chairman of the bank, Chandra Prasad Dhakal said that the bank remains
committed to providing reasonable returns to its shareholders while fully
complying with the policies and regulations of the government and the Nepal
Rastra Bank.
He also mentioned
that, as part of its business strategy, the bank plans to continue the balanced
expansion into new business areas.
GIBL has been honoured
in various categories by several renowned national and international
institutions. It is the first commercial bank in the private sector with a
branch network in all 77 districts of Nepal.
The bank has been
providing services to customers through more than 1,000 service outlets,
including 352 branch offices, 384 ATMs, 150 branchless banking services, 68
extension and revenue collection counters, and three international
representative offices.
The bank also operates
a remittance service from countries including the United States, the United
Kingdom, Canada, Australia, Malaysia, South Korea, Japan, Saudi Arabia, Qatar,
the UAE, Bahrain, Kuwait, India, and Jordan.
Published in The Rising Nepal daily on 13 November 2025.
No comments:
Post a Comment