Banks’ NPLs escalate to an alarming 3.65 percent due to growing cases of loan-default

Banks’ NPLs escalate to an alarming 3.65 percent due to growing cases of loan-default

April 21, 2024 20:00 pm

KATHMANDU, April 21: The non-performing loans of commercial banks increased to 3.65 percent in the first nine months of the current fiscal year, an increase of 0.63 percent compared to the same period last year.

Commercial banks’ NPLs rise notably, hike in interest rates blamed

Commercial banks’ NPLs rise notably, hike in interest rates blamed

November 1, 2022 20:55 pm

KATHMANDU, Nov 1: The nonperforming loans (NPL) of Nepali commercial banks have increased by a notable amount in the first three months of the current fiscal year, after the borrowers failed to pay back the banks’ loans on time due to excessive interest rates.

Nepal’s BFIs have only 1.16 percent nonperforming loans, the lowest in South Asia: World Bank

Nepal’s BFIs have only 1.16 percent nonperforming loans, the lowest in South Asia: World Bank

October 31, 2022 19:30 pm

KATHMANDU, OCT 31: Nepal has the lowest rate of nonperforming loans (NPLs) in its banking system among the South Asian countries, shows a World Bank (WB) report.

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