Commercial Banks Reports Higher Deposit Than Lending in Fourth Week of Baisakh

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 Baisakh 23, i.e. the end of the fourth week of Baisakh, 2079. The CD ratio as of this date is 90.81%.

The total deposit figure has risen by Rs. 5 billion in the fourth week of Baisakh, and the figure is at Rs. 4373 billion. In the third week, this figure had risen by Rs. 1 billion from the week before that. Rs. 4264 billion worth of deposits are in local currency while the rest Rs. 110 billion is in foreign currency.

Meanwhile, the total lending has gone down by Rs. 4 billion, and the total figure is at Rs. 4193 billion. Rs. 4153 billion worth of lending has been forwarded in local currency while Rs. 40 billion is in foreign currency.