Global IME Bank declared 13.5 percent dividend

Oct Tue 2021 06:23:51

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Global IME Bank declared 13.5 percent dividend

Kathmandu. Global IME Bank has declared a dividend to the shareholders from the last financial year's profit. The board of directors of the bank has proposed to distribute 13.5 percent dividend.

The bank has proposed to distribute a total dividend of 13.5 per cent of the existing paid-up capital from the last financial year's profit by using 10 per cent bonus shares and 3.5 per cent cash for tax purposes.

The dividend proposed by the bank will be received by the shareholders after the approval of Nepal Rastra Bank and the approval of the next general meeting of the bank.