{"id":37556,"date":"2026-08-26T18:07:08","date_gmt":"2026-08-26T12:22:08","guid":{"rendered":"https:\/\/bankingsansar.com\/news\/37556\/"},"modified":"2026-08-26T18:07:08","modified_gmt":"2026-08-26T12:22:08","slug":"what-are-the-opportunities-and-challenges-in-the-banking-sector-in-nepal","status":"publish","type":"post","link":"https:\/\/bankingsansar.com\/news\/37556\/","title":{"rendered":"What are the opportunities and challenges in the banking sector in Nepal ?"},"content":{"rendered":"

Opportunities and Challenges in the Banking Sector in Nepal<\/strong><\/p>\n

Introduction<\/strong><\/p>\n

The banking sector is an important part of Nepal\u2019s financial system and plays a vital role in mobilizing savings, providing loans, facilitating payments, supporting trade and investment, promoting financial inclusion and contributing to economic development. The Nepalese banking sector has gradually developed from a limited and mainly government-dominated banking system into a more competitive and diversified financial system consisting of commercial banks, development banks, finance companies, microfinance institutions and digital financial-service providers. Nepal Rastra Bank (NRB), as the central bank, regulates and supervises the banking and financial system and works to maintain financial stability. The banking sector has many opportunities because of increasing digitalization, financial inclusion, SME development, agricultural financing, hydropower, infrastructure, tourism, remittance, green finance and technological innovation. However, it also faces challenges such as non-performing loans, credit risk, liquidity risk, interest-rate risk, cybersecurity threats, financial crime, intense competition, regulatory compliance, weak corporate governance and economic uncertainty.<\/p>\n

Opportunities in the Nepalese Banking Sector<\/strong><\/p>\n

    \n
  1. Digital Banking and Digital Transformation<\/strong><\/li>\n<\/ol>\n

    Digital banking is one of the biggest opportunities for Nepalese banks. Customers increasingly prefer convenient banking services through mobile phones and computers rather than visiting branches. Banks can expand mobile banking, internet banking, QR payments, digital account opening, electronic fund transfers, virtual cards, online loan applications and digital customer services. Digital transformation can reduce operating and transaction costs while improving speed, convenience and customer satisfaction. The increasing use of digital payments in Nepal provides banks with significant opportunities to develop innovative banking products and services.<\/p>\n

      \n
    1. Expansion of Financial Inclusion<\/strong><\/li>\n<\/ol>\n

      Financial inclusion means providing affordable and useful financial services to people and businesses that have limited access to formal financial institutions. Nepal still has considerable scope to expand banking services in rural areas, among low-income households, small businesses, farmers, women, youth and other underserved groups. Banks can expand savings accounts, small loans, digital payments, insurance-related services, remittance services and financial-literacy programs. Financial inclusion is not only a social responsibility but also a major business opportunity because it allows banks to reach new customers and increase their deposit and lending base.<\/p>\n

        \n
      1. SME Financing<\/strong><\/li>\n<\/ol>\n

        Small and medium-sized enterprises (SMEs) are important for employment, entrepreneurship and economic growth in Nepal. Many SMEs, however, face difficulties in obtaining formal credit because of insufficient collateral, weak financial records and limited credit history. Banks therefore have an opportunity to develop specialized SME products such as working-capital loans, term loans, overdraft facilities, equipment financing, invoice financing, digital SME loans and trade finance. By adopting better credit-assessment methods and cash-flow-based lending, banks can expand SME lending while maintaining proper credit risk management.<\/p>\n

          \n
        1. Agricultural Financing<\/strong><\/li>\n<\/ol>\n

          Agriculture is another major opportunity for Nepalese banks because a significant portion of the population is involved in agricultural activities. Banks can finance commercial farming, livestock, poultry, dairy, fisheries, irrigation, agricultural machinery, cold storage, agro-processing and agricultural supply chains. Banks can also develop value-chain financing by connecting farmers with processors, distributors and buyers. Such financing can increase agricultural productivity, create employment and support the commercialization of Nepalese agriculture while creating new lending opportunities for banks.<\/p>\n

            \n
          1. Hydropower Financing<\/strong><\/li>\n<\/ol>\n

            Nepal has substantial potential for hydropower development, and large amounts of capital are required to develop hydropower projects. Commercial banks can participate through project financing, consortium lending, construction finance, working-capital financing and equipment financing. Hydropower financing can generate long-term business opportunities for banks and simultaneously contribute to electricity generation, industrial development, employment, infrastructure development, government revenue and export potential. Therefore, hydropower is one of the most important long-term opportunities for the Nepalese banking sector.<\/p>\n

              \n
            1. Infrastructure Financing<\/strong><\/li>\n<\/ol>\n

              Nepal requires significant investment in roads, bridges, airports, electricity transmission, telecommunications, water supply, urban infrastructure and other development projects. Banks can participate in infrastructure development through project financing, consortium lending, syndicated loans, long-term loans and bank guarantees. Infrastructure financing can provide banks with long-term lending opportunities and help accelerate economic development. However, banks must carefully evaluate the feasibility, cash flow and repayment capacity of infrastructure projects because such projects generally require large amounts of capital and long repayment periods.<\/p>\n

                \n
              1. Tourism and Hospitality Financing<\/strong><\/li>\n<\/ol>\n

                Tourism is another important opportunity for the banking sector because Nepal has significant potential in trekking, mountaineering, cultural tourism, adventure tourism and hospitality. Banks can finance hotels, resorts, restaurants, travel agencies, trekking companies, tourist transportation and other tourism-related businesses. Financing tourism can increase banks\u2019 lending business and interest income while contributing to employment generation, foreign-exchange earnings and regional economic development.<\/p>\n

                  \n
                1. Remittance Banking<\/strong><\/li>\n<\/ol>\n

                  Remittance<\/strong> is highly important to Nepal\u2019s economy and creates significant opportunities for banks. Banks can move beyond simply transferring remittance funds and develop remittance-linked financial products. For example, remittance received by families can be converted into savings, fixed deposits, housing loans, education loans, business loans or investment products. The process can be viewed as Remittance \u2192 Savings \u2192 Investment \u2192 Business \u2192 Economic Development. If banks successfully channel remittance income into productive investment rather than only consumption, they can expand their deposit base and contribute to long-term economic growth.<\/p>\n

                    \n
                  1. Foreign Trade and Trade Finance<\/strong><\/li>\n<\/ol>\n

                    The expansion of international trade provides opportunities for banks to increase their trade-finance business. Importers and exporters require services such as letters of credit, bank guarantees, import financing, export financing, foreign-exchange services and documentary collections. Banks can also introduce digital trade-finance platforms and faster documentation processes. Effective trade-finance services can increase fee income and strengthen relationships between banks and businesses involved in international trade.<\/p>\n

                      \n
                    1. Foreign Investment and International Banking<\/strong><\/li>\n<\/ol>\n

                      Nepal needs both domestic and foreign investment for economic development. Foreign-invested companies require various banking services, including project accounts, foreign-exchange services, working-capital facilities, trade finance, guarantees, cash management and payment services. Banks with strong international banking and foreign-exchange capabilities can benefit from increasing foreign investment and international business activities. This can create opportunities for banks to diversify their income sources and develop specialized corporate-banking services.<\/p>\n

                        \n
                      1. Green Banking and Sustainable Finance<\/strong><\/li>\n<\/ol>\n

                        Green banking refers to banking activities that support environmentally sustainable and socially responsible projects. Nepalese banks can expand financing for hydropower, solar energy, electric vehicles, energy-efficient buildings, waste management, sustainable agriculture and clean technologies. Green financing can help banks enter emerging markets while supporting environmental protection and sustainable economic development. It can also improve the reputation of banks and attract customers who prefer environmentally responsible financial institutions.<\/p>\n

                          \n
                        1. Electric Vehicle Financing<\/strong><\/li>\n<\/ol>\n

                          The growing use of electric vehicles (EVs) creates a new lending opportunity for banks. Banks can provide financing for electric cars, buses, motorcycles, commercial EV fleets and charging stations. EV financing can also be incorporated into green-finance strategies. As transportation gradually shifts toward electric technology, banks can develop specialized loan products to meet the financing needs of consumers and businesses.<\/p>\n

                            \n
                          1. Digital Lending<\/strong><\/li>\n<\/ol>\n

                            Traditional lending can involve significant paperwork, documentation and branch visits. Digital lending can make loan applications, credit assessment and disbursement faster and more convenient. Banks can use digital KYC, credit-bureau information, transaction histories, cash-flow information and automated credit-assessment systems. Digital lending is particularly suitable for small loans, retail customers and SMEs. It can reduce processing costs and improve customer experience while allowing banks to serve a larger number of customers.<\/p>\n

                              \n
                            1. Artificial Intelligence and Data Analytics<\/strong><\/li>\n<\/ol>\n

                              Banks generate large amounts of customer and transaction data, creating opportunities to use artificial intelligence (AI) and data analytics. These technologies can help banks improve credit scoring, fraud detection, customer segmentation, personalized products, risk management and early-warning systems. AI can help transform traditional banking into data-driven banking. However, banks must ensure proper data protection, cybersecurity, model governance and regulatory compliance when adopting AI.<\/p>\n

                                \n
                              1. Fintech Partnerships<\/strong><\/li>\n<\/ol>\n

                                The growth of fintech companies<\/strong> creates opportunities for banks to collaborate rather than developing every technology internally. Banks can partner with fintech companies in areas such as payment solutions, digital lending, merchant services, fraud detection, customer identification and financial-management tools. Such partnerships can accelerate innovation, improve customer service and reduce the time and cost required to develop new digital products.<\/p>\n

                                  \n
                                1. Cross-Border Digital Payments<\/strong><\/li>\n<\/ol>\n

                                  The development of cross-border digital payments provides another opportunity for Nepalese banks. Faster and more convenient international payments can support tourism, international trade, remittance, e-commerce and other international transactions. Banks can develop partnerships and technological systems that make cross-border transactions more efficient, secure and transparent. This can help Nepal’s banking sector participate more effectively in the growing digital economy.<\/p>\n

                                    \n
                                  1. Wealth Management and Investment Services<\/strong><\/li>\n<\/ol>\n

                                    As financial awareness and household savings increase, banks can expand beyond traditional deposit and lending activities into wealth management and investment services. Banks can provide investment advisory services, government securities, mutual-fund distribution, retirement planning and other investment-related services. These activities can increase fee-based income and reduce banks\u2019 excessive dependence on traditional interest income.<\/p>\n

                                      \n
                                    1. Women and Youth Banking<\/strong><\/li>\n<\/ol>\n

                                      Women entrepreneurs and young people represent important emerging customer groups. Banks can develop specialized products for women-owned businesses, young entrepreneurs, students and first-time account holders. Digital accounts, education loans, business loans, cards and investment products can help banks attract these customers. Supporting women and youth entrepreneurship can also contribute to employment creation and inclusive economic development.<\/p>\n

                                        \n
                                      1. Rural and Branchless Banking<\/strong><\/li>\n<\/ol>\n

                                        Nepal’s mountainous geography and scattered population make traditional branch-based banking expensive in some areas. Banks therefore have an opportunity to expand branchless and digital banking through mobile banking, ATMs, agent banking, QR payments and digital customer services. A combination of branch + ATM + agent + mobile banking + QR payment can allow banks to reach remote customers while controlling operating costs.<\/p>\n

                                          \n
                                        1. Supply-Chain Financing<\/strong><\/li>\n<\/ol>\n

                                          Supply-chain financing<\/strong> is another opportunity for Nepalese banks. Banks can provide invoice financing, dealer financing, distributor financing, receivable financing and purchase-order financing to businesses. This allows banks to use business relationships and transaction information to assess borrowers and can improve access to finance for SMEs. It can also strengthen relationships between banks, large companies, suppliers and distributors.<\/p>\n

                                          Challenges in the Nepalese Banking Sector<\/strong><\/p>\n

                                            \n
                                          1. Non-Performing Loans<\/strong><\/li>\n<\/ol>\n

                                            Non-performing loans (NPLs) are one of the major challenges faced by banks. When borrowers fail to repay loans according to agreed terms, loans may become non-performing and banks may have to make provisions for potential losses. High NPLs can reduce profitability, weaken capital, reduce lending capacity and affect investor and depositor confidence. Therefore, banks need strong credit appraisal, continuous loan monitoring, effective recovery mechanisms and proper risk management.<\/p>\n

                                              \n
                                            1. Credit Risk<\/strong><\/li>\n<\/ol>\n

                                              Credit risk<\/strong> arises when borrowers fail to meet their repayment obligations. Nepalese banks may face credit risk because of weak business cash flows, economic slowdown, poor project appraisal, excessive lending, weak borrower monitoring and problems in particular economic sectors. Banks therefore need to carefully assess the repayment capacity of borrowers and maintain effective credit-risk management systems.<\/p>\n

                                                \n
                                              1. Excessive Dependence on Collateral<\/strong><\/li>\n<\/ol>\n

                                                Traditional banking practices in Nepal often rely heavily on physical collateral such as land and buildings. This can make it difficult for startups, innovative businesses, young entrepreneurs, technology companies and small businesses to obtain loans even when they have viable business models. Banks should gradually strengthen cash-flow-based and credit-history-based lending while maintaining appropriate risk controls.<\/p>\n

                                                  \n
                                                1. Concentration of Credit<\/strong><\/li>\n<\/ol>\n

                                                  If banks provide excessive credit to a few sectors, the banking system becomes vulnerable to sector-specific problems. Excessive exposure to areas such as real estate, construction or other particular sectors can create significant risks when those sectors experience a downturn. Banks therefore need to diversify their loan portfolios and carefully monitor sectoral exposure.<\/p>\n

                                                    \n
                                                  1. Economic Uncertainty<\/strong><\/li>\n<\/ol>\n

                                                    The banking sector is closely connected to the overall economy. Economic slowdown can reduce investment, business profitability, employment and demand for loans. At the same time, borrowers may face difficulties in repaying existing loans. Therefore, economic uncertainty can increase credit risk and reduce bank profitability.<\/p>\n

                                                      \n
                                                    1. Liquidity Risk<\/strong><\/li>\n<\/ol>\n

                                                      Banks must maintain sufficient liquidity to meet deposit withdrawals and other financial obligations. At the same time, they need to invest their funds productively to generate returns. Excessive liquidity can reduce profitability and lending activity, whereas insufficient liquidity can create serious financial stress. Effective liquidity and asset-liability management is therefore essential.<\/p>\n

                                                        \n
                                                      1. Interest-Rate Risk<\/strong><\/li>\n<\/ol>\n

                                                        Changes in interest rates can affect deposit costs, lending rates, net interest margins, investment returns and borrowers\u2019 repayment capacity. If the rates on assets and liabilities change at different speeds, banks can experience pressure on profitability. Therefore, banks must carefully manage interest-rate and maturity mismatches.<\/p>\n

                                                          \n
                                                        1. Cybersecurity Threats<\/strong><\/li>\n<\/ol>\n

                                                          The rapid growth of digital banking has increased cybersecurity risks. Banks may face phishing, malware, account takeover, data theft, payment fraud and social-engineering attacks. Cybersecurity incidents can cause financial losses and damage customer confidence. Banks therefore need continuous investment in cybersecurity infrastructure, fraud monitoring, authentication systems, data protection and customer awareness.<\/p>\n

                                                            \n
                                                          1. Money Laundering and Financial Crime<\/strong><\/li>\n<\/ol>\n

                                                            Banks face risks related to money laundering, terrorist financing, fraud, suspicious transactions and other financial crimes. Strong KYC procedures, customer due diligence, transaction monitoring, suspicious-transaction reporting and internal controls are necessary to manage these risks. Failure to comply with AML\/CFT requirements can result in financial, legal and reputational consequences.<\/p>\n

                                                              \n
                                                            1. Weak Corporate Governance<\/strong><\/li>\n<\/ol>\n

                                                              Good corporate governance is essential for maintaining a sound banking system. Weak governance can lead to poor lending decisions, conflicts of interest, related-party transactions, weak internal controls, fraud and poor risk management. Banks therefore need competent boards, professional management, transparency, accountability and strong internal control systems.<\/p>\n

                                                                \n
                                                              1. Increasing Competition<\/strong><\/li>\n<\/ol>\n

                                                                Nepalese banks face competition from other commercial banks, development banks, finance companies, microfinance institutions, fintech companies and digital-payment providers. Competition can improve customer service and innovation, but excessive competition can put pressure on interest margins, fees, profitability and customer retention. Banks must therefore compete through quality, technology, trust and innovation rather than simply through aggressive pricing.<\/p>\n

                                                                  \n
                                                                1. High Operating Costs<\/strong><\/li>\n<\/ol>\n

                                                                  Banks have significant operating costs related to branches, employees, technology, cybersecurity, physical security, infrastructure and regulatory compliance. Maintaining large branch networks can be expensive, particularly in geographically difficult areas. Digital transformation can reduce some costs, but it also requires significant investment.<\/p>\n

                                                                    \n
                                                                  1. Financial Literacy<\/strong><\/li>\n<\/ol>\n

                                                                    Limited financial literacy can create difficulties for both customers and banks. Some customers may not fully understand loan terms, interest rates, banking fees, investment products, digital-security practices and financial risks. Low financial literacy can contribute to poor financial decisions, fraud and customer complaints. Banks therefore need to increase financial education and customer awareness.<\/p>\n

                                                                      \n
                                                                    1. High Cost of Technology<\/strong><\/li>\n<\/ol>\n

                                                                      Although technology provides significant opportunities, digital transformation requires substantial investment in core banking systems, mobile applications, data centers, cybersecurity, artificial intelligence, digital identity and payment infrastructure. Smaller financial institutions may find it difficult to make such investments while remaining profitable.<\/p>\n

                                                                        \n
                                                                      1. Regulatory Compliance<\/strong><\/li>\n<\/ol>\n

                                                                        Banks must comply with extensive rules relating to capital adequacy, liquidity, credit, governance, AML\/CFT, consumer protection, reporting and payment systems. Regulatory compliance is necessary to maintain financial stability, but it increases administrative costs and requires skilled human resources. Banks must continuously adapt to changes in regulations and supervisory requirements.<\/p>\n

                                                                          \n
                                                                        1. Human Resource Challenges<\/strong><\/li>\n<\/ol>\n

                                                                          Modern banking requires specialized professionals in cybersecurity, data science, risk management, digital banking, treasury, compliance and credit analysis. Nepalese banks may face difficulty attracting and retaining employees with advanced technical and financial skills. Continuous employee training and development are therefore necessary.<\/p>\n

                                                                            \n
                                                                          1. Public Confidence<\/strong><\/li>\n<\/ol>\n

                                                                            Public confidence is extremely important in banking because banks operate largely with public deposits. If customers lose confidence in a bank or the banking system, they may withdraw their deposits rapidly. Such withdrawals can create liquidity pressure and potentially spread financial instability. Therefore, transparency, sound governance, effective regulation and good customer service are essential for maintaining public trust.<\/p>\n

                                                                              \n
                                                                            1. Geographical Challenges<\/strong><\/li>\n<\/ol>\n

                                                                              Nepal’s mountainous terrain and geographically dispersed population create difficulties in establishing and operating traditional banking infrastructure. Building branches, maintaining networks and providing physical services in remote areas can be expensive. Digital banking, agent banking, ATMs and branchless banking can help overcome these geographical challenges.<\/p>\n

                                                                                \n
                                                                              1. Limited Diversification of Financial Products<\/strong><\/li>\n<\/ol>\n

                                                                                Traditional banking in Nepal remains strongly focused on deposits, loans and interest income. Excessive dependence on these activities can make banks vulnerable to changes in interest rates and credit conditions. Banks therefore have opportunities and challenges in developing alternative income sources such as wealth management, investment services, trade finance, digital payments, advisory services and cash management.<\/p>\n

                                                                                  \n
                                                                                1. Balancing Growth and Financial Stability<\/strong><\/li>\n<\/ol>\n

                                                                                  One of the most important challenges for Nepalese banks is maintaining a balance between business growth and financial stability. Banks need to increase lending and profitability, but excessive credit growth can lead to NPLs, asset-price problems, liquidity pressure, capital requirements and systemic risks. Therefore, banks should focus on sustainable and productive lending rather than simply increasing the size of their loan portfolio.<\/p>\n

                                                                                  Overall Analysis<\/strong><\/p>\n

                                                                                  The Nepalese banking sector is passing through a period of significant transformation. Digital banking, financial inclusion, SME financing, agriculture, hydropower, infrastructure, tourism, remittance, green finance, electric vehicles, digital lending, AI, fintech partnerships and cross-border payments provide major opportunities for future growth. These opportunities can help banks increase their customer base, diversify their products, improve efficiency, generate new sources of income and support Nepal’s economic development.<\/p>\n

                                                                                  At the same time, the sector faces considerable challenges. Non-performing loans, credit risk, excessive credit concentration, liquidity risk, interest-rate risk, cybersecurity, financial crime, weak governance, competition, regulatory compliance, financial illiteracy and shortage of skilled human resources can affect the stability and profitability of banks. Therefore, simply expanding banking services is not sufficient. Banks must ensure that growth is supported by sound credit appraisal, strong risk management, adequate capital and liquidity, effective corporate governance and appropriate technological safeguards.<\/p>\n

                                                                                  Conclusion<\/strong><\/p>\n

                                                                                  In conclusion, the banking sector in Nepal has both enormous opportunities and significant challenges. The major opportunities include digital transformation, financial inclusion, SME and agricultural financing, hydropower and infrastructure financing, tourism, remittance, green finance, EV financing, digital lending, AI, fintech collaboration and international payment services. These opportunities can help banks expand their businesses and contribute to economic growth, employment, investment and entrepreneurship. However, challenges such as NPLs, credit risk, liquidity and interest-rate risk, cybersecurity, financial crime, weak governance, intense competition, regulatory requirements, financial illiteracy and geographical difficulties must be properly addressed.<\/p>\n

                                                                                  Therefore, the future success of Nepalese banking depends on achieving a balance between growth, innovation, profitability, customer service and financial stability. Nepalese banks should focus on productive lending, digital innovation, strong risk management, good corporate governance, financial inclusion, customer protection and sustainable finance. If these areas are managed effectively, the banking sector can play an even greater role as an engine of investment, employment, entrepreneurship and sustainable economic development in Nepal.<\/p>\n","protected":false},"excerpt":{"rendered":"

                                                                                  Opportunities and Challenges in the Banking Sector in Nepal Introduction The banking sector is an important part of Nepal\u2019s financial system and plays a vital role in mobilizing savings, providing loans, facilitating payments, supporting trade and investment, promoting financial inclusion and contributing to economic development. The Nepalese banking sector has gradually developed from a limited […]<\/p>\n","protected":false},"author":1,"featured_media":37559,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1210],"tags":[],"class_list":["post-37556","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-study-zone"],"acf":[],"jetpack_featured_media_url":"https:\/\/bankingsansar.com\/wp-content\/uploads\/2026\/08\/oppourtunities.png","publishedDateNp":"\u0967\u0966 \u092d\u093e\u0926\u094d\u0930 \u0968\u0966\u096e\u0969, \u092c\u0941\u0927\u092c\u093e\u0930 \u0967\u096e:\u0966\u096d","_links":{"self":[{"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/posts\/37556","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/comments?post=37556"}],"version-history":[{"count":1,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/posts\/37556\/revisions"}],"predecessor-version":[{"id":37560,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/posts\/37556\/revisions\/37560"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/media\/37559"}],"wp:attachment":[{"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/media?parent=37556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/categories?post=37556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/tags?post=37556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}