Last day to secure dividend of two commercial banks

Nov 21, 2024 07:59 AM Merolagani



Today is the last day to secure dividend of two commercial banks including Global IME Bank and Prime Commercial Bank.

The banks are closing their books on November 24, thus, the shareholders registered in its book till November 21 (last trading day before book close) will be eligible to attend the AGM and obtain the announced dividend.

Global IME Bank (GBIME) is conducting 18th AGM on December 12 in Nepal Pragya Pratisthan, Kamaladi, Kathmandu at 10 am.

The meeting will endorse a proposal of distributing 5.50 percent stock dividend to its shareholders. moreover, the meeting will delegate authority to BOD to amend article and memorandum of association and appoint an auditor.

Similarly, Prime Commercial Bank (PCBL) is conducting 17th AGM on December 4 in Army Officers Club, Bhadrakali, Kathmandu at 11 am.

The meeting will endorse a proposal to distribute 5 percent cash dividend to its shareholders. Moreover, the meeting will delegate authority to BOD to forward merger and acquisition and amending articles and memorandum of association.




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