The 233th BOD meeting of the bank has proposed 23% bonus share and to its shareholders from the net profit it earned in the last fiscal year 2071/72.
However, the decision is subject to approval from Nepal Rastra Bank and the Bank’s upcoming Annual General Meeting (AGM).
After the bonus share is issued the paid of capital of Global IME will reach to Rs 6.11 arba from paid up 5.01 arba at present.
Global IME has posted net profit of Rs. 1 arba in its 4th quarter of fiscal year 2071/72.
The bank had mobilized Rs 60.17 arba in deposit and extended Rs 50.22 arba in loan by the end of the corresponding quarter of the last fiscal year. -SSN