Global IME Bank has posted strong financial results for the first quarter of FY 2082/83, reporting a net profit of NPR 185.58 crore, a 22.92% increase compared to NPR 151.21 crore in the same period last year.

The growth in net profit was driven by higher net interest income and operating profit. During this period, the bank’s distributable profit rose to NPR 484.95 crore, with distributable earnings per share (EPS) reaching NPR 22.95.

In addition, the bank’s EPS increased by NPR 2.77, reaching NPR 19.51 in the review period, reflecting improved profitability for shareholders.

Global IME Bank has a paid-up capital of NPR 3.811 billion and maintains reserves of NPR 3.03 billion. As of the end of Ashoj, the bank reported total deposits of NPR 58.2 billion and loans disbursed amounting to NPR 42.1 billion.

These results highlight the bank’s strong financial performance and stable growth trajectory in the current fiscal year.