Global IME Bank Holds 19th Annual General Meeting, Approves 8% Cash Dividend for Shareholders
13th November 2025, Kathmandu
Global IME Bank Limited has successfully concluded its 19th Annual General Meeting (AGM) in Kathmandu, marking another year of strong financial performance and firm strategic direction.
Global IME Bank AGM
The core highlight of the meeting was the unanimous approval from shareholders to distribute an 8 percent cash dividend from the accumulated profit of the fiscal year 2024/25. This move demonstrates the bank’s commitment to providing fair and liquid returns to its investors, a crucial factor in building long-term shareholder trust.
The approval of the dividend, which is inclusive of tax, was based on the comprehensive financial statements and annual report presented by the Chairman of the Board of Directors, Mr. Chandra Prasad Dhakal. The bank’s ability to propose a cash dividend underscores its stability, especially in a market where regulatory bodies like the Nepal Rastra Bank (NRB) maintain a close watch on commercial banks’ capital adequacy and distributable profit.
Exceptional Financial Health in FY 2024/25
The financial figures for the last fiscal year paint a picture of resilience and successful operation. Global IME Bank reported an impressive operating profit of NPR 7.23 billion and a net profit after tax of NPR 5.07 billion. While the search results indicate a slight variation when compared to the prior year’s full-year profit, these numbers firmly place Global IME Bank among the leading commercial banks in Nepal in terms of profitability and scale.
The financial performance validates Chairman Dhakal’s commitment to adhering to the policies and regulations set by the Government of Nepal and the NRB. This dedication to responsible and sustainable banking practices is essential for securing investor confidence and maintaining the bank’s strong market position. The decision to distribute an 8% cash dividend reflects a mature dividend policy, where the bank is balancing immediate shareholder returns with the need to retain earnings for future strategic investments and capital strengthening. This is a common approach for large, established banks that have achieved their minimum capital requirements.
Strategic Imperatives: Expansion, Efficiency, and Digital Innovation
Beyond the financial reporting, the AGM served as a platform to outline the bank’s future strategic roadmap. Chairman Dhakal highlighted a clear path forward focusing on strategic expansion into new business areas while rigorously maintaining balanced growth. This involves enhancing operational efficiency, deepening customer trust, and pioneering innovative financial solutions.
Digital Transformation: The bank’s commitment to world-class digital banking services is paramount. This focus on digital innovation is crucial for meeting the rapidly evolving demands of modern clients and promoting financial inclusion across Nepal’s diverse population.
Advertisement
Market Penetration: A major strength lies in the bank’s extensive network. Global IME Bank is notable as the first private sector commercial bank in Nepal to establish a presence in all 77 districts of the country. This network, comprising 352 branch offices, 384 ATMs, 150 branchless banking outlets, and numerous other service centers, gives it a distinct competitive advantage, particularly in tapping into rural and underserved markets.
ESG and Sustainability: Looking ahead, the bank is committed to promoting environmentally sustainable practices and strengthening its ESG (Environmental, Social, and Governance) initiatives. This forward-thinking approach aligns its growth with broader global and national sustainability goals, positioning it as a responsible corporate citizen.
International Acclaim and Stakeholder Confidence
The bank’s excellence has been repeatedly recognized on both national and international platforms. The list of prestigious awards, including Bank of the Year 2014, Best Internet Bank 2016, Best Bank Nepal in 2024 & 2025, and multiple Euromoney Award for Excellence titles, underscores its consistent focus on quality, corporate governance, and innovation. The recent award for Best Bank ESG Nepal 2024 highlights its dedication to social responsibility, demonstrating that the bank prioritizes value creation beyond mere profits.
The successful AGM was attended by a broad spectrum of stakeholders, including representatives from key regulatory bodies such as the Nepal Rastra Bank (NRB) and the Securities Board of Nepal (SEBON), as well as the Nepal Stock Exchange (NEPSE). This high level of participation is a clear indicator of the strong confidence that institutional and individual investors, along with regulatory authorities, continue to place in Global IME Bank’s management and future prospects.
Facilitating Global Connections
A significant aspect of the bank’s operation is its role in facilitating remittance services. By enabling safe and swift fund transfers from numerous countries globally, including the United States, the United Kingdom, Canada, Australia, and various Middle Eastern and Asian nations, Global IME Bank acts as a vital conduit for the nation’s economy. This extensive global remittance network is a critical support system for Nepali migrant workers and a major contributor to Nepal’s overall financial stability and foreign exchange reserves.
In conclusion, the 19th AGM of Global IME Bank was not just an event for distributing dividends but a reaffirmation of a successful, well-governed, and future-oriented institution. The 8% cash dividend is a tangible reward for its shareholders, cemented by a robust strategic vision for expansion, digitalization, and sustainability. The bank’s nationwide presence and international accolades ensure its continued leadership role in Nepal’s financial sector and its contribution to the country’s economic development.
For More: Global IME Bank AGM
