Saturday, September 5, 2026

GIBL proposes 10% dividend

Kathmandu, Sept. 2

Global IME Bank Limited (GIBL) has proposed a 10 per cent dividend for its shareholders from the distributable profit of the last fiscal year, 2025/26. The proposed dividend comprises a 6 per cent cash dividend, including tax, and 4 per cent bonus share dividend.

The bank's Board of Directors made the proposal at its meeting on Wednesday. The proposed dividend will be distributed to shareholders after approval by Nepal Rastra Bank and endorsement by the bank's upcoming annual general meeting, the bank informed in a statement.

GIBL is the first private-sector commercial bank in Nepal to expand its branch network to all 77 districts of the country. It currently provides services through more than 1,000 service points, including 341 branch offices, 366 ATMs, 147 branchless banking centres, 69 extension and revenue collection counters, and three representative offices abroad.

The bank also brings remittances into Nepal through formal channels from countries including the United States, the United Kingdom, Australia, Malaysia, South Korea, Japan, Saudi Arabia, Qatar, the United Arab Emirates and India.

It has received various national and international awards for its use of modern technology and customer service. It has received titles including ‘Bank of the Year’, ‘Best Internet Bank’ and ‘Best Bank Nepal’. The bank has also received awards including the Euromoney Award for Excellence, Best Bank ESG Nepal and Best Employer.

Published in The Rising Nepal on 3 September 2026.   

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