Business

Global IME profit

Global IME profit

By Himalayan News Service

Youth line up outside the Global IME Bank Limited to fill the Korean Language Test forms online in New Road of Pokhara on Wednesday, March 22, 2017. Police personnel were deployed in order to control the mob. Photo: Rishi Ram Baral

KATHMANDU: Global IME Bank made net profit of Rs 2.06 billion in fiscal year 2016-17. The bank has announced 20 per cent dividend for its shareholders (10 per cent bonus share and 10 per cent cash dividend), as per a media release issued here on Tuesday. After issuance of bonus shares, the bank’s paid-up capital will reach Rs 8.88 billion.