Global IME Bank Limited’s 20th Annual General Meeting has approved a total dividend of 10 percent for shareholders from the bank’s profit for fiscal year 2082/83. The dividend comprises 4 percent bonus shares and a 6 percent cash dividend, including tax purposes.
The meeting, held on Friday at the Nepal Police Club in Bhrikutimandap, Kathmandu, unanimously approved the dividend proposal.
Shareholders also passed the annual report and integrated financial statements presented by bank chairman Chandraprakash Dhakal on behalf of the board of directors.
