December 4: Global IME Bank has decided to issue bonus shares to its shareholders from the profit earned in the Fiscal Year 2017/18. According to the bank, its net profit during FY 2017/18 was Rs 2.1 billion. A meeting of the board of directors of the bank on December 4 decided to issue the bonus shares. The decision, however, is subject to approval from the Nepal Rastra Bank and the annual general assembly of the bank.

After the issuance of the bonus share, the bank’s paid-up capital will reach 10.31 billion.