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 of the first five months of the fiscal year, 19 out of 20 commercial banks have issued share loans of Rs 125.83 billion. These banks were registered in the last fiscal year 2081. By November 1982, it had issued Rs 86.33 billion in share loans. Accordingly, the share loans issued by banks during the review period increased by 45.76 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 18 banks increased in the review period compared to the corresponding period of the previous year. Nepal Bank has reduced the loan flow while Standard Chartered Bank has not issued loans under this head.
As of mid-December of the current FY, Nabil Bank has issued a loan of Rs 15.83 billion. It was 38.95 percent more than the previous year. The bank had issued loan of Rs 11.39 billion till December last year.
Global IME Bank is the second largest lender in the world. The bank, which had provided loan of Rs 11.31 billion in the review period of the previous year, increased by 19.49 percent to Rs 13.52 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 10.27 billion till mid-December of the current fiscal year. As of December last year, the bank had issued loan of Rs 6.80 billion. In the review period, the bank’s loan increased by 51.10 percent compared to the previous year.
In the review period, Nepal SBI Bank Ltd (SBI) was the least loaned share, while Nepal Bank’s loan disbursement declined by 9.41 percent. Machhapuchchhre Bank is leading the bank with a growth rate of 309.61 percent.
Who gave how much share loan?
