The business of Nepali banks has increased in 6 months, How much earned ?

Jan Thu 2021 06:29:09

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The business of Nepali banks has increased in 6 months, How much earned ?

According to the data available by the Nepal Bankers Association, an umbrella organization of commercial banks, 24 commercial banks have increased deposit mobilization and 25 have increased credit flow compared to last July.

NIC Asia Bank tops the list of depositors and lenders. This Civil Bank has also expanded its business significantly.

NCC and Prabhu Bank are also at the top of the list of banks raising both deposits and loans.

During the same period, 10 banks have increased their deposit collection from 10 percent to 32 percent, 12 banks from 1 percent to 10 percent and 3 banks from 0.31 percent to 1.54 percent in mid-July.

In addition, 17 banks have increased credit flow from 10 percent to 35 percent and 9 banks from 1 percent to 10 percent as compared to mid-July last year.