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Nepal in 109th position to park money in Swiss Banks


30 June 2019  

Time taken to read : < 1 Minute


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KATHMANDU: Nepal is at the 109th position with on the list of foreign nations whose nationals have parked money in the Swiss banking system, a report released by the Swiss National Bank has said.

As for Nepal’s neighbors, India is positioned at the 74th rank in terms of money parked by Indian individuals and enterprises.

Likewise, Pakistan is on the 82nd ranking, Sri Lanka 141st, Bangladesh 89th, Myanmar 187th and Bhutan 193rd.

Meanwhile, the United Kingdom, followed by the United States, has accounted for more than 26 per cent of the total foreign funds. Likewise, other countries in the top five are France, West Indies, and Hong Kong. (Agencies)

Publish Date : 30 June 2019 19:21 PM

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