Commercial Banks See Minimal Increment in Total Deposit in Second Week of Mangsir, Lending Up by Rs. 3 Billion

Mon, Nov 28, 2022 11:34 AM on Latest, Economy, National,

Nepal Bankers' Association (NBA) has released a thorough study on the deposit and lending trends in the country's commercial banks. This data is current as of second week of Mangsir, 2079. The CD ratio stands at 86.86% as of Mangsir 09, 2079.

In the second week of Mangsir month, the total amount of deposits increased by Rs. 4 billion (Arba), reaching Rs. 4562 billion. Deposits totaling Rs. 4446 billion being made in local currency, with the remaining Rs. 115 billion being made in foreign currency. In the first week of ongoing month, this figure had fallen by Rs. 5 billion from the week before that.

Compared to the previous week's report, the overall amount of lending has gone up by Rs. 3 billion, reaching Rs. 4222 billion. Lending of Rs. 4193 billion has been sent in local currency, while Rs. 29 billion has been sent in foreign currency.