Kathmandu. Commercial banks have increased their lending in the stock market as the demand for loans from other sectors has slowed.
Nepal Rastra Bank (NRB) has released the current fiscal year 2082. According to the data of the first quarter of 2083 (July-September), 19 out of 20 commercial banks have issued share loans of Rs 121.58 billion. These banks were registered in the last fiscal year 2081. By mid-September 2018, it had issued Rs 84.21 billion in share loans. Accordingly, the share loans issued by banks during the review period increased by 44.38 percent compared to the previous year.
As of the review period, Nabil Bank is the largest lender in terms of share loan, while Machhapuchchhre is ahead in terms of growth rate. Share loans from 18 banks have increased in the review period compared to the previous year. NIC Asia has reduced its share loan while Standard Chartered Bank has not issued loans under this head.
As of mid-October of the current FY, Nabil Bank has issued a loan of Rs 16.26 billion. It was 58.38 percent more than the previous year. The bank had issued loan of Rs 10.96 billion till mid-September last year.
Global IME Bank is the second largest lender in the world. The bank, which had given loan of Rs 10.13 billion in the previous year, increased by 17 percent to Rs 12.56 billion in the review period.
Kumari is the third bank to offer a large number of share loans. The bank has issued a loan of Rs 10.54 billion till mid-September of the current fiscal year. In the previous fiscal year, the bank had issued a loan of Rs 7.73 billion. In the review period, the bank’s share loan increased by 36.30 percent compared to the previous year.
In the review period, Nepal SBI Bank (SBI) was the lowest lender, while NIC Asia Bank’s loan disbursement declined by 16.07 percent. Machhapuchchhre Bank is leading the bank with a growth rate of 292.48 percent.
Who gave how much share loan?
