Saturday, 20 April, 2024
/glob ime bank.JPG)
Kathmandu, Nov 19 : The 13th annual general meeting (AGM) of the Global IME Bank Limited concluded with a decision to provide 25.5 percent dividends to shareholders in the fiscal year 2075/76 BS.
The bank has generated net income of Rs 2.76 billion in the fiscal year 2075/76 BS. Its paid-up capital would reach Rs 19.76 billion following the distribution of bonus shares, said the bank sources.
Likewise, the AGM has decided to merge Janata Bank Nepal Limited with Global IME Bank Limited. Preparation for obtaining approval for integrated transaction from the name of Global IME Bank is almost in the final stage.
The AGM also has endorsed a special proposal to increase the bank's authorized capital of Rs 16 billion to Rs 25 billion.
Bank's Chair Chandra Prasad Dhakal shared that preparation is underway to begin integrated service within mid-December.
Global IME Bank would be the largest bank of the country after the merger, Dhakal claimed.
Do not make expressions casting dout on election: EC
14 Apr, 2022
CM Bhatta says may New Year 2079 BS inspire positive thinking
14 Apr, 2022
Three new cases, 44 recoveries in 24 hours
14 Apr, 2022
689 climbers of 84 teams so far acquire permits for climbing various peaks this spring season
14 Apr, 2022
How the rising cost of living crisis is impacting Nepal
14 Apr, 2022
US military confirms an interstellar meteor collided with Earth
14 Apr, 2022
Valneva Covid vaccine approved for use in UK
14 Apr, 2022
Chair Prachanda highlights need of unity among Maoist, Communist forces
14 Apr, 2022
Ranbir Kapoor and Alia Bhatt: Bollywood toasts star couple on wedding
14 Apr, 2022
President Bhandari confers decorations (Photo Feature)
14 Apr, 2022
