KATHMANDU, Sept 29: Global IME Bank Ltd (GIBL) has announced 23 percent bonus shares to its shareholders from the net profit that the bank earned in Fiscal Year 2014/15.
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Issuing a statement, the bank said that its board meeting held on Tuesday decided to distribute 23 percent shares to its shareholders.
The decision, however, is subject to approval of Nepal Rastra Bank (NRB) and the bank's upcoming annual general meeting. According to the statement, the bank's paid-up capital will increase to Rs 6.11 billion after the distribution of bonus shares.
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