Commercial Banks Reports Higher Deposit Than Lending in End of Shrawan; Present CD Ratio Stands 88.14%
Sun, Aug 21, 2022 3:50 PM on Latest, Economy, Weekly Analysis, National,
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 end of Sharwan, 2079. The CD ratio till Shrawan 31, 2079 was 88.07%. However, the same ratio as of 1st Bhadra stood at 88.14%.
The total deposit figure has risen by Rs. 12 billion (Arba) in the fifth week of Shrawan, and the figure stood at Rs. 4433 billion. In the fourth week of Shrawan, this figure had fallen by Rs. 25 billion from the week before that. In total Rs. 4324 billion worth of deposits are in local currency while the rest Rs. 110 billion is in foreign currency.
Meanwhile, the total lending has also gone up by Rs. 2 billion, and the total figure stood at Rs. 4177 billion. Rs. 4146 billion worth of lending has been forwarded in local currency while Rs. 31 billion is in foreign currency.