Global IME Bank proposed to give 23% bonus shares

Kathamndu September 30. Board of Directors of the Global IME Bank proposed to provide 23% bonus shares to the investors this year in the 233th meeting held on Tuesday.

BOD passed the decision to provide 23%bonus share to its shareholders from the operating profit of FY 2071/72. After issuing of bonus shares, bank informed that its paid-up capital will be Rs.6 billion, 114 million 151 thousands and 5 hundred 40.

Deposits of bank are Rs 60 billion and lending are more than Rs. 50 billion. Bank has 88 branches, 10 tax collection counter, 92 ATMs, 4 extension counters and 35 branchless banking services. After NRB and AGM of bank's approval, proposed bonus share shall be distributed among investors.

Similarly, bank informed about adopting advance technology in its mobile banking services & internet banking. The bank is also providing remittance services from Australia, Malaysia, India, South Korea, Qatar, UAE and Bahrain