Kathmandu. Commercial banks have increased their lending in the stock market as the demand for loans from other sectors has slowed. Commercial banks are aggressively lending in the stock market.
Nepal Rastra Bank (NRB) has released the current fiscal year 2082. According to the data, 19 out of 20 commercial banks have issued share loans worth Rs 135.09 billion. These banks were registered in the last fiscal year 2081. By mid-March 2018, it had issued a share loan of Rs 96.39 billion. Accordingly, the share loans issued by the banks during the review period increased by 40.15 percent compared to the previous year.
As of the review period, Nabil Bank was the largest lender in terms of shares, while NMB Bank was ahead in terms of growth rate. Share loans from 16 banks increased in the review period compared to the previous year. Nepal Bank, Prime Commercial Bank and Citizens Bank have reduced their share loan disbursement, while Standard Chartered Bank has not issued loans under this heading.
As of mid-March of the current FY, Nabil Bank has issued a loan of Rs 17.46 billion. It was 26.31 percent more than the previous year. The bank had issued a loan of Rs 13.82 billion till mid-March of the previous year.
Global IME Bank is the second largest lender in the world. The bank, which had provided loan of Rs 11.16 billion in the review period of the previous year, increased by 20.25 percent to Rs 13.42 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 10.51 billion till mid-March of the current fiscal year. The bank had issued loan of Rs 8.98 billion till mid-March of the previous year. In the review period, the bank’s share loan increased by 17.09 percent compared to the previous year.
In the review period, Nepal SBI Bank Ltd (SBI Bank Ltd) fell 10.50 per cent, Prime Commercial Bank (13.90 per cent) and Citizens Bank (8.84 per cent). NMB Bank is leading the bank with a growth rate of 256 percent.
Who gave how much share loan?
