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 third quarter of 2083 (July-March), 19 out of 20 commercial banks have issued share loans of Rs 136.71 billion. These banks were registered in the last fiscal year 2081. By mid-April 1980, the company had issued a loan of Rs 101.60 billion. In this regard, the share loan issued by banks increased by 34.55 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 increased and three decreased in the review period compared to the same period last year.
As of mid-April of the current FY, Nabil Bank has issued a loan of Rs 17.40 billion. It was 19.95 percent more than the previous year. The bank had issued a loan of Rs 14.50 billion till mid-April of the previous year.
Global IME Bank is the second largest lender in the world. The bank, which had given loan of Rs 11.65 billion in the review period of the previous year, increased by 17.85 percent to Rs 13.73 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 10.93 billion till mid-April of the current fiscal year. In the previous fiscal year, the bank had issued loan of Rs 9.13 billion. Compared to the previous year, the share loan from the bank increased by 19.59 percent in the review period.
During the review period, Nepal SBI Bank Ltd (15.09 percent), Citizens Bank (14.02 percent) and Nepal SBI (8.65 percent) declined. Agricultural Development Bank (ADB) is leading the country with a growth rate of 179.71 percent.
Who gave how much share loan?
