Global IME starts distributing bonus share certificates
Sun, Feb 9, 2014 12:00 AM on Dividend, Bonus & Rights,
ShareSansar, February 9:
Global IME Bank Limited is distributing bonus share certificates to its shareholders from today for the net profit it posted in the last fiscal year 2069/70.
The Annual General Meeting of the commercial bank in January had endorsed 15 percent bonus shares to the shareholders.
The bonus share certificates can be collected through its RTS, Elite Capital Limited at Jamal for those residing in Kathmandu and through the suitable branch of the bank outside the capital from 10:00 AM to 2:00 PM Sunday through Thursday, and from 10:00 AM to 1:00 PM on Fridays.
Global IME’s net profit had risen by 108.24 percent in the last fiscal year. The bank garnered profits of Rs 55.24 crore as against Rs 26.53 crore in the previous fiscal year.
The bank’s deposits increased from Rs 26.91 arba in the last fiscal to Rs 34.11 arba this year, an increase of 26.74 percent.
Once its merger with Commerz and Trust Bank is finalized, the bank’s paid-up capital will surge to Rs 4.41 arba.
