Global IME Bank convenes its 14th AGM

Global IME Bank has virtually convened its 14th AGM for the FY 2076-77 under the leadership of its Chairman Chandra Prasad Dhakal on January 13. The AGM has endorsed the board’s proposal to provide 14% bonus shares and 2% cash dividend to its shareholders from the profit it had made in the previous fiscal year. After the endorsement of the bonus shares, the paid-up capital of the bank will scale up to Rs 21.63 billion. The bank had raised the deposit to Rs 249 billion, disbursed loans of Rs 213 billion, earned net profit of Rs 2.91 billion at the end of the previous fiscal year. The AGM elected a new board with Chandra Prasad Dhakal as the Chairman again, and Cabinet Shrestha, Ram Bahadur Bhandari, Sudarshan Krishna Shrestha as Board Members from the promoter group. Krishna  Prashad Sharma and Dipak Sharma Pokharel are the BoDs from the public shareholder group. The re-elected Chairman Dhakal received his oath of secrecy and designation from the NRB Governor Maha Prasad Adhikari.