Global IME Bank concluded its ninth AGM at here on Sunday. The AGM ratified to distribute 23 per cent bonus share to its shareholders through its capital reserve share premium and distributable profits of fiscal 2015-15.

 The paid-up capital of the bank has increased to Rs 6.16 Billion, as per a press statement issued on Monday. The bank has extended branch network across the country representing in all 14 zones that is with 88 branches, 93 ATM outlets, four extension counters, 10 government revenue collection counters and 37 branchless banking service points.

The bank has wider correspondent bank networks with above 75 in numbers to facilitate international trade and remittance activities across the globe. Global IME Bank has more than 20 international remittance partners worldwide in GCC Countries, UK, Korea, Malaysia, Australia, Japan and India with more in the pipeline.

Chairman Chandra Prasad Dhakal presented overall scenario of bank before the AGM.