Global IME Bank to distribute 15.76 percent bonus shares

Published On: April 4, 2017 09:53 AM NPT By: Republica  | @RepublicaNepal

KATHMANDU, April 4: The 10th annual general meeting (AGM) of Global IME Bank has approved a proposal by its board of directors to distribute 15.76 percent bonus shares from its profit of Fiscal Year 2015/16.

Issuing a statement, the bank said its total paid-up capital would reach Rs 7.24 billion after the distribution of the bonus shares.

The bank has been expanding its services all over the country to provide quality and easy banking services to its clients, it said. It operates through 44 branches, six extension counters, 106 ATM outlets and 10 revenue collection counters, it added.

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