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Only 10 local levels without bank access: NRB


23 January 2020  

Time taken to read : 2 Minute


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KATHMANDU: The government’s objective of reaching access to commercial banks to all local levels across the country is close to materialization.

According to a Nepal Rastra Bank (NRB) report, only 10 local levels are without a bank. The 10 local levels are not able to set up bank branches due to geographical and logistics difficulties.

A single local level out of a total of 137 is beyond the access of banks in State-1.

Similarly, only one out of a total of 136 local levels in State-2 does not have a bank. Similarly, two local levels out of a total of 119 local levels have yet to get access to a bank in Bagmati State.

Likewise, only one out of a total of 85 local levels is waiting for establishing a bank branch in Gandaki state.

It may be noted that all local levels have bank access in State-5. In Karnali State, 78 local levels out of 79 have bank access while four out of 88 local levels don’t have bank branches in Sudurpaschim state.

Publish Date : 23 January 2020 21:28 PM

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