KATHMANDU: Banks and financial institution (BFIs) have increased their deposit collection by Rs 61.64 billion by the month of Ashoj, as per the data published by Nepal Bankers Association.
In the month of Ashoj, five banks recorded declined deposit collection whereas all other banks increased their deposits.
Out of all banks, Nabil Bank recorded the highest increment in deposits by Rs 7.97 billion. Similarly, Nepal Investment Bank increased its deposits by Rs 7.20 billion and Global IME Bank increased its deposit by Rs 6.28 billion.
In the meantime, Sunrise Bank’s deposits declined by Rs 2.86 billion. Other banks which recorded a decline in deposit collection include NMB Bank, NIC Asia Bank, Kumari Bank and Everest Bank.
In the month of Ashoj, the banks increased loan extensions by Rs 30 billion. During the period, six banks logged a decline in loan extensions.
Nepal Investment Bank increased the highest loan extensions by Rs 3.79 billion followed by Nabil Bank by Rs 2.96 billion and Himalayan Bank by Rs 2.84 billion.
Meanwhile, the loan extension of Laxmi Bank declined by Rs 910 million followed by Sunrise Bank by Rs 44 million.
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