Nepalese Banking Sector: Performance Update and Outlook by ICRA Nepal
Thu, May 21, 2020 12:59 PM on Credit Rating, Latest,
This report analyses the general trend in the banking industry*of Nepal and focusses more on the major development in the banking industry between mid-April 2018 (Q3 FY2018)and mid-January 2020 (Q2 FY2020). The developments are analysed in the backdrop of changes brought about by the Monetary Policy of FY2016 that mandated the increment of a minimum paid up capital for all banks and financial institutions (BFIs). The Policy has been instrumental to the subsequent developments in the banking industry such as high banking sector credit growth since FY2015 and consolidation among the players in more recent period.