Global Bank Limited has opened its 22nd branch in Dhangadi and commenced its operation from 5th November 2009 (2066 Kartik 19). However, the formal inauguration of the branch and ATM service is scheduled after a few days. The bank is planning to open its new branches and ATM in Chettrapati, Balaju, New Baneshwor, Kupondole, Thimi, Bhairahawa and Illam.
According to the fourth quarter financial report of the bank, it has earned Rs. 30.488 million net profit for fiscal year 2065/66 along with Rs. 64.750 million operating profit. It has 1 billion paid up capital and holds Rs. 22.621 million in its reserve and surplus. The bank has also decided to propose 2:1 rights share for its capital increment.
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