Too few bank accounts

Mon, Jul 11, 2011 12:00 AM on Others, Others,
KATHMANDU:
Only 12 per cent of the population hold the deposits with the commercial bank, according to the Economic Survey. The per capita deposit by mid-April stood at Rs 20,100 and the total deposits of bank was Rs 590.9 billion. The number of depositors — by dividing the total deposit by per capita deposits — stands at an approximately 2.4 million in the country with population of 20 million.

Source: THT