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 four months of the fiscal year, 19 out of 20 commercial banks have issued share loans of Rs 123.51 billion. These banks were registered in the last fiscal year 2081. By October 1980, it had issued a loan of Rs 85.91 billion. Accordingly, the share loans issued by banks during the review period increased by 43.77 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 17 banks increased in the review period compared to the previous year. NIC Asia Bank and Nepal Bank have reduced their loan disbursement, while Standard Chartered Bank has not issued loans under this heading.
As of mid-November of the current FY, Nabil Bank has issued loan of Rs 15.96 billion. This is 43.17 percent more than the previous year. In the previous fiscal year, the bank had issued loan of Rs 11.14 billion.
Global IME Bank is the second largest lender in the world. The bank, which had given loan of Rs 11.15 billion in the previous fiscal year, increased by 18.28 percent to Rs 13.19 billion in the review period.
Kumari is the third bank to offer a large number of share loans. The bank has issued loan of Rs 9.98 billion till mid-October of the current fiscal year. In the previous year, the bank had issued loan of Rs 8.31 billion. Compared to the previous year, the share loan from the bank increased by 20.17 percent.
During the review period, Nepal SBI Bank Ltd (SBI) was the lowest lender, followed by NIC Asia Bank (11.11 percent) and Nepal Bank (7.04 percent). Machhapuchchhre Bank is leading the bank with a growth rate of 301.21 percent.
Who gave how much share loan?
