Kathmandu. Current Fiscal Year 2083. Share mortgage loans issued by banks have increased by more than 15 percent till August of 2018.
According to the data released by the Nepal Rastra Bank, till August of the current financial year, the banks have issued a loan of Rs 167.85 billion. The previous financial year 2082. As of August 2018, loans from banks amounted to Rs 145.60 billion. In this regard, the share mortgage loans from banks increased by 15.27 percent in the review year compared to the previous year.
As of August of the current financial year, banks have issued loans of Rs 121.54 billion and shares of above Rs 10 million. Till August last year, loans in this range had gone up to Rs 102.32 billion. The demand for loans in this range has increased by 18.78 percent.
Loans in the range of Rs 50 lakh to Rs 1 crore stood at Rs 18.84 billion, loans in the range of Rs 25 lakh to Rs 50 lakh stood at Rs 18.65 billion and loans in the range of Rs 2.5 million stood at Rs 8.80 billion. Till August last year, loans in the range of Rs 50 lakh to Rs 1 crore were Rs 17.90 billion, loans in the range of Rs 2.5 million to Rs 17.26 billion and loans in the range of Rs 2.5 million were Rs 8.11 billion.
Loans in the range of Rs 5 million to Rs 1 crore increased by 5.24 percent, loans in the range of Rs 2.5 million to Rs 50 lakh increased by 8.05 percent and loans in the range of Rs 2.5 million increased by 8.53 percent compared to the previous year.
