Share loans from commercial banks increased by 35.38 percent.

Kathmandu. Commercial banks have issued more than 1 trillion share loans. According to the data released by Nepal Rastra Bank (NRB) for the first 10 months of the fiscal year 2082/83, 19 out of 20 commercial banks have issued share loans worth Rs 139.62 billion.

Banks had issued shares worth Rs 103.13 billion till mid-April of the last fiscal year 2081-82. Accordingly, the share loans issued by banks during the review period increased by 35.38 percent compared to the previous year.

As of the review period, Nabil Bank is the largest lender in terms of shares, while Agricultural Development Bank is ahead in terms of growth rate.

Share loans from 16 banks have increased in the review period compared to April last year.

Similarly, Nepal Bank, Citizens Bank and Nepal SBI Bank have reduced the issue of share loans, while Standard Chartered Bank has not issued loans under this heading.

As of mid-April of the current FY, Nabil Bank has issued a loan of Rs 17.68 billion. It was 21.19 percent more than the previous year. The bank had issued a loan of Rs 14.59 billion in the previous fiscal year.

Global IME Bank is the second largest loan issuer. The bank, which had issued a loan of Rs 11.59 billion in the review period of the previous year, increased by 24.78 percent to Rs 14.46 billion.

 

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