Nepal Bankers’ Association Reports Higher Lending Than Deposit of Banks in Third 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 16, i.e. the end of the third week of Baisakh, 2079. The CD ratio as of this date is 90.99%.

The total deposit figure has risen by Rs. 1 billion in the third week of Baisakh, and the figure is at Rs. 4368 billion. In the second week, this figure had gone down by Rs. 10 billion from the week before that. Rs. 4258 billion worth of deposits are in local currency while the rest Rs. 110 billion is in foreign currency.

Meanwhile, the total lending has gone up by Rs. 3 billion, and the total figure is at Rs. 4197 billion. Rs. 4155 billion worth of lending has been forwarded in local currency while Rs. 41 billion is in foreign currency.