13 commercial banks Non-performing loan has increased

Aug Tue 2022 01:53:50

331 views

13 commercial banks Non-performing loan has increased

Kathmandu. The non-performing loans of 13 commercial banks have increased up to the fourth quarter of the last financial year compared to the same period of the previous year. Last year, non-performing loans of Kumari Bank remained at 0.96 percent, while non-performing loans of 12 banks decreased. Kumari Bank's non-performing loan ratio has remained stable.

Along with National Commercial Bank, Nepal Investment Bank, NMB Bank, Mega Bank Nepal, Prabhu Bank, Century Commercial Bank, Standard Chartered Bank, Krishi Bikas Bank, Global IME Bank, Nepal Bank, Nepal SBI Bank and NIC Asia Bank have reduced non-performing loans last year. to be

Last year, the National Commercial Bank reduced non-performing loans by the highest percentage point. The non-performing loans of the National Bank, which was 3.07 percent last year, decreased to 2 percent last year. Compared to the previous year, non-performing loans of the National Commercial Bank decreased by 1.07 percent.

Last year, non-performing loans of 13 commercial banks increased. Nabil Bank's non-performing loans increased by the highest percentage point. The non-performing loans of Nabil Bank which was 0.84 percent last year increased by 0.70 percentage points to 1.54 percent.

Nabil acquired Nepal Bangladesh Bank Limited and started integrated business from June 27th. Along with Nabil Bank, the non-performing loans of Prime Commercial Bank, Himalayan Bank, Citizens Bank, Sanima Bank, Machhapuchhre Bank, NCC Bank, Laxmi Bank, Bank of Kathmandu, Everest Bank, Civil Bank, Siddharth Bank and Sunrise Bank also increased last year.