Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: Global IME Bank Limited successfully concluded its 19th Annual General Meeting (AGM) in Kathmandu on Wednesday. The AGM approved the proposal to distribute an 8 percent cash dividend (including tax) to shareholders from the bank’s accumulated profits for the fiscal year 2081/82.
The meeting also endorsed the annual report and consolidated financial statements presented by the bank’s Chairman, Chandra Prasad Dhakal, on behalf of the Board of Directors. According to the report, the bank earned an operating profit of NPR 7.23 billion and a net profit of NPR 5.07 billion during the fiscal year 2081/82.
Addressing the AGM, Chairman Dhakal reaffirmed the bank’s commitment to strictly adhering to the policies and regulations of the Government of Nepal and the Nepal Rastra Bank, ensuring fair returns to shareholders. He further stated that the bank would continue expanding its operations strategically into new business sectors in a balanced manner.
The AGM was attended by representatives from Nepal Rastra Bank, Securities Board of Nepal (SEBON), Nepal Stock Exchange (NEPSE), shareholders, institutional investors, regulatory officials, media representatives, and employees.
Global IME Bank has received several prestigious national and international recognitions, including Bank of the Year 2014, Best Internet Bank 2016, Best Bank Nepal 2024 and 2025, Euromoney Award for Excellence 2022, 2024, and 2025, Best Bank ESG Nepal 2024, and Best Employer Award, among others.
As the first private sector commercial bank in Nepal with a presence in all 77 districts, Global IME Bank operates a strong network of 352 branches, 384 ATMs, 150 branchless banking outlets, 68 extension and revenue collection counters, and 3 international representative offices, serving customers through over 1,000 service points nationwide.
The bank also provides remittance services connecting Nepalis across the globe, including countries such as the United States, United Kingdom, Canada, Australia, Malaysia, South Korea, Japan, Saudi Arabia, Qatar, UAE, Bahrain, Kuwait, India, and Jordan, thereby contributing significantly to Nepal’s economic growth through international financial connectivity.
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