KATHMANDU: Nepal Rastra Bank (NRB) has introduced a new unified directive that provides targeted loan incentives for export-based industries, businesses affected by the recent Gen Z protests, and enterprises disrupted by customs closures.
According to the directive, export-oriented industries employing at least 100 women will be eligible for subsidized loans. Authorized institutions can lend at a rate capped at one percentage point above the base rate, provided the industry exports at least 25 percent of its total production with a minimum value addition of 25 percent. Such loans can be issued for a period of one year or until the industry resumes full operations.
Similarly, businesses directly hit by the Gen Z protests will be able to access loans for paying staff salaries and benefits at a rate capped at 0.5 percentage points above the base rate. These loans, valid for up to one year or until the business becomes operational, will carry a two percent government interest subsidy for six months. Employers must apply for such loans by mid-January 2026.
The directive also allows a loan-to-value ratio of 80 percent for businesses seeking to replace vehicles and transport equipment damaged or disrupted during the protests.
In addition, lenders may restructure loans affected by natural disasters at Rasuwa and Tatopani customs points at the borrower’s request. Restructuring applications must be submitted by mid-January 2026, with loans retaining the same classification they held as of July 16, 2025.
NRB said the measures are aimed at safeguarding employment, supporting women’s participation in the workforce, and mitigating the economic disruptions triggered by protests and natural calamities.
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