Commercial Banks Deposit Rises by 62 Arba in Fourth Week of Ashad; Present CD Ratio Stands 87.14%

Tue, Jul 12, 2022 2:44 PM on Latest, Economy, National,

Nepal Bankers' Association (NBA) has unveiled an elaborate report on the trend of deposit and lending in the Nation's Commercial banks. This is the data reported as of the fourth week of Ashad, 2079. The CD ratio till 24 Ashad, 2079 was 88.57%. However, the same ratio as of 26th Ashad is 87.14%.

The total deposit figure has risen by Rs. 62 billion (Arba) in the fourth week of Ashad, and the figure is at Rs. 4494 billion. In the third week of Ashad, this figure had risen by Rs. 34 billion from the week before that. In total Rs. 4387 billion worth of deposits are in local currency while the rest Rs. 106 billion is in foreign currency.

Meanwhile, the total lending has fallen by Rs. 10 billion, and the total figure is at Rs. 4174 billion. Rs. 4138 billion worth of lending has been forwarded in local currency while Rs. 36 billion is in foreign currency.