Commercial Banks See Decrement in Total Deposit in Third Week of Ashwin, Lending Down by Rs. 4 Billion

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 third week of Ashwin, 2079. The CD ratio till Ashwin 21, 2079 was 87.25%. However, the same ratio as of 25th Ashwin stood at 87.81%.

The total deposit figure has fallen by Rs. 8 billion (Arba) in the third week of Ashwin month, and the figure stood at Rs. 4511 billion. In the second week of an ongoing month, this figure had risen by Rs. 7 billion from the week before that. In total Rs. 4390 billion worth of deposits are in local currency while the rest Rs. 119 billion is in foreign currency.

Meanwhile, the total lending has also gone down by Rs. 4 billion, and the total figure stood at Rs. 4193 billion. Rs. 4163 billion worth of lending has been forwarded in local currency while Rs. 30 billion is in foreign currency.