IME AGM

Global IME Bank held its 19th Annual General Meeting in Kathmandu this week, reporting Rs7.23 billion operating profit, and Rs5.07 billion net profit for FY 2081/82, from which shareholders are to receive an 8% cash dividend. Chairman Chandra Prasad Dhakal affirmed the bank’s commitment to regulatory compliance and balanced growth into new business areas. IME Limited was also recognised as the company paying the highest taxes in the remittance sector on National Tax Day 2082.