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 second quarter of 2018, 19 out of 20 commercial banks have issued shares of Rs 129.68 billion. These banks were registered in the last fiscal year 2081. By December 1980, the company had issued a loan of Rs 91.54 billion. Accordingly, the share loans issued by banks during the review period increased by 41.67 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 17 banks have increased in the review period compared to the previous year. Citizens Bank and Nepal Bank have reduced their share loan disbursement, while Standard Chartered Bank has not issued loans under this heading.
As of mid-January of the current FY, Nabil Bank has issued loan of Rs 16.95 billion. It was 34.45 percent more than the previous year. The bank had issued loan of Rs 12.60 billion in the previous fiscal year.
Global IME Bank is the second largest lender in the world. The bank, which had provided loan of Rs 11.55 billion in the previous year, increased by 17.18 percent to Rs 13.53 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 10.17 billion till mid-January of the current fiscal year. In the previous fiscal year, the bank had issued loan of Rs 8.47 billion. Compared to the previous year, the share loan from the bank increased by 20.04 percent in the review period.
In the review period, Nepal SBI Bank (SBI) was the lowest lender, while Citizens Bank and Nepal Bank Ltd saw a decline of 0.01 percent and 10.25 percent respectively. Agricultural Development Bank (ADB) is leading the country with a growth rate of 280.13 per cent.
Who gave how much share loan?
