Global IME to extend 13% dividend

KATHMANDU, JAN 14: 

The sixth annual general meeting of Global IME Bank has approved to extend 10 percent cash dividend and 3 percent bonus shares to its shareholders. The bank´s AGM held in Birgunj on Sunday also elected a new set of board of directors. “The AGM elected Chandra Prasad Dhakal, Sumit Kumar Agrawal, Suraj Kumar Shretha, Suman Pokharel, Suhriddha Raj Ghimire, Krishna Bahadur Kunwar and Sudarshan Krishna Shrestha as board directors,” says the statement. Global IME Bank is providing banking services through 63 branch offices located in different parts of the country. According to the statement, the bank collected Rs 28.9 billion in deposits and distributed Rs 24.5 billion in loans in fiscal year 2011/12.

Source: Republica